{"id":785706,"date":"2023-09-22T09:43:53","date_gmt":"2023-09-22T13:43:53","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-idea-group-increases-share-repurchase-program-by-us20-million\/"},"modified":"2023-09-22T09:43:53","modified_gmt":"2023-09-22T13:43:53","slug":"amtd-idea-group-increases-share-repurchase-program-by-us20-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-idea-group-increases-share-repurchase-program-by-us20-million\/","title":{"rendered":"AMTD IDEA Group Increases Share Repurchase Program by US$20 million"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\">\nAMTD IDEA Group <b>Increases <\/b>Share Repurchase Program <b>by US$20 million<\/b><\/p>\n<p>NEW YORK &amp; SINGAPORE &amp; PARIS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAMTD IDEA Group (\u201cAMTD IDEA\u201d or \u201cCompany\u201d, NYSE: AMTD; SGX: HKB) announced today that the Company\u2019s board of directors have authorized an increase to the existing share repurchase authority under the share repurchase program previously announced on August 22, 2023 in the amount of US$20 million. As a result, the Company may repurchase up to US$40 million of its American depositary shares or ordinary shares under the said program until the close of business on December 29, 2023, U.S. Eastern Time.<\/p>\n<p><b>About AMTD IDEA Group<\/b><\/p>\n<p>\nAMTD IDEA Group, formerly known as AMTD International Inc. (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global capital markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients\u2019 diverse and inter-connected business needs and digital requirements across all phases of their life cycles as well as hospitality and VIP services. Through our unique eco-system \u2014 the &#8220;AMTD SpiderNet&#8221; \u2014 AMTD IDEA Group is uniquely positioned as an active superconnector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.amtdinc.com&amp;esheet=53559758&amp;newsitemid=20230922104801&amp;lan=en-US&amp;anchor=www.amtdinc.com&amp;index=1&amp;md5=3b3628e270a6ddf4754785f20d41af2d\">www.amtdinc.com<\/a> or follow us on Twitter at @AMTDGroup.<\/p>\n<p><b>Safe Harbor Statement<\/b><\/p>\n<p>\nThis press release contains statements that may constitute \u201cforward-looking\u201d statements pursuant to the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201caims,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201clikely to,\u201d and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group with the SEC. All information provided in this press release is as of the date of this press release, and AMTD IDEA Group does not undertake any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230922104801r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230922104801\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230922104801\/en\/<\/a><\/span><\/p>\n<p>\nIR Office<br \/>\n<br \/>AMTD IDEA Group<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@amtdinc.com\">ir@amtdinc.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Singapore United States North America Asia Pacific New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>AMTD IDEA Group Increases Share Repurchase Program by US$20 million NEW YORK &amp; SINGAPORE &amp; PARIS&#8211;(BUSINESS WIRE)&#8211; AMTD IDEA Group (\u201cAMTD IDEA\u201d or \u201cCompany\u201d, NYSE: AMTD; SGX: HKB) announced today that the Company\u2019s board of directors have authorized an increase to the existing share repurchase authority under the share repurchase program previously announced on August 22, 2023 in the amount of US$20 million. As a result, the Company may repurchase up to US$40 million of its American depositary shares or ordinary shares under the said program until the close of business on December 29, 2023, U.S. Eastern Time. About AMTD IDEA Group AMTD IDEA Group, formerly known as AMTD International Inc. (NYSE: AMTD; SGX: HKB) represents a diversified institution and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-idea-group-increases-share-repurchase-program-by-us20-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AMTD IDEA Group Increases Share Repurchase Program by US$20 million&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-785706","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AMTD IDEA Group Increases Share Repurchase Program by US$20 million - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-idea-group-increases-share-repurchase-program-by-us20-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AMTD IDEA Group Increases Share Repurchase Program by US$20 million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AMTD IDEA Group Increases Share Repurchase Program by US$20 million NEW YORK &amp; SINGAPORE &amp; PARIS&#8211;(BUSINESS WIRE)&#8211; AMTD IDEA Group (\u201cAMTD IDEA\u201d or \u201cCompany\u201d, NYSE: AMTD; SGX: HKB) announced today that the Company\u2019s board of directors have authorized an increase to the existing share repurchase authority under the share repurchase program previously announced on August 22, 2023 in the amount of US$20 million. As a result, the Company may repurchase up to US$40 million of its American depositary shares or ordinary shares under the said program until the close of business on December 29, 2023, U.S. Eastern Time. About AMTD IDEA Group AMTD IDEA Group, formerly known as AMTD International Inc. 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