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Stock impact report

NETSOL Technologies Announces Stock Repurchase Program

NETSOL Technologies Inc. (NTWK) 
Last netsol technologies inc. earnings: 2/12 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.netsoltech.com
Company Research Source: GlobeNewswire
CALABASAS, Calif., July 18, 2017 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and enterprise application solutions provider, announced that its Board of Directors has approved a stock repurchase program that authorizes repurchases of up to 500,000 to one million shares of its common stock over the next five months. “Reflecting our continued efforts to drive shareholder value, this new stock repurchase program gives us an added layer of flexibility to deploy capital in the most meaningful and productive ways possible,” said NETSOL Founder, Chairman and Chief Executive Officer Najeeb Ghauri. “At NETSOL, we’ve developed a profitable and cash-flow-generating growth engine that has enabled us to service a truly global and expanding customer base while becoming a vital component for nearly any asset financing and leasing operation. Our goal is to not only foster this continued growth for the long-term, but also to reward investors along the way Show less Read more
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