{"id":846829,"date":"2025-05-05T17:03:35","date_gmt":"2025-05-05T21:03:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/jbdi-holdings-limited-announces-us1-0-million-share-repurchase-program\/"},"modified":"2025-05-05T17:03:35","modified_gmt":"2025-05-05T21:03:35","slug":"jbdi-holdings-limited-announces-us1-0-million-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jbdi-holdings-limited-announces-us1-0-million-share-repurchase-program\/","title":{"rendered":"JBDI Holdings Limited Announces US$1.0 Million Share Repurchase Program"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Singapore, May  05, 2025  (GLOBE NEWSWIRE) &#8212; (\u201cJBDI\u201d or the \u201cCompany\u201d) (NASDAQ: JBDI) today announced that its board of directors (the \u201cBoard\u201d) has approved a share repurchase program (the \u201cShare Repurchase Program\u201d). Pursuant to the Share Repurchase Program, the Company may repurchase up to US$1.0 Million worth of its Ordinary Shares shares.<\/p>\n<p align=\"justify\">The Company\u2019s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and\/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Board will review the share repurchase program periodically, and may authorize adjustment of its terms and size.<\/p>\n<p>\n        <strong>About JBDI Holdings Limited<\/strong>\n      <\/p>\n<p align=\"justify\">JBDI Holdings Limited is a leading provider of environmentally friendly and efficient products and services, specializing in the revitalization, reconditioning, and recycling of drums and related containers in Singapore and across Southeast Asia. With nearly four decades of industry experience, JBDI Holdings has established a strong reputation for quality and reliability, offering a wide range of reconditioned steel and plastic drums, new containers, and ancillary services. Our mission is to help our customers achieve a zero environmental impact footprint while optimizing resource allocation and reducing costs. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dNLTovXqx55ewJrVNmdnBSMeO1Ljkdzm3so7vQSlzFYccHJUzcxjVgoXZf1ftfUE936loC7fJ_BruY1EuNG9hPsjXGqc19iP7vtgHh4szV0=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.barrels.com.sg<\/a>.<\/p>\n<p>\n        <strong>Safe Harbor Statement<\/strong>\n      <\/p>\n<p align=\"justify\">This announcement contains forward-looking statements. These statements are made under the \u201csafe harbor\u201d provisions of the U.S. Private SecuritiesLitigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cconfident\u201d and similar statements. JBDI may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the \u201cSEC\u201d), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about CBDI\u2019s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. JBDI undertakes no obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n<p align=\"justify\">\n        <strong>Investor Relations Contact:<\/strong><br \/>\n        <br \/>Matthew Abenante, IRC<br \/>President<br \/>Strategic Investor Relations, LLC <br \/>Tel: 347-947-2093<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0dfaqzYMp-eEgahVVTZEbb5SwEiv6WDfkEpaY2okfTVj7oMqnxox-8eeA23myf6fGRaSKMb_CBeidHjM6d57yWeKgvOwP5iDlhhRkf5KKtKWrqeEC1cJOjUlFoB6Eqk_\" rel=\"nofollow\" target=\"_blank\">matthew@strategic-ir.com<\/a><\/p>\n<p align=\"justify\">Liang Zhao Rong<br \/>JBDI Holdings Limited<br \/>Tel: +65 6861 4150<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=V_Ws5sb3rQxEf3r2Wq1QSwK3qDmT5ClTndl38RWT22_jNLzNGvIEiHGE19F3H_50b3fkPoU7pCF6z8qy53pUuShBC0A-M3TF0ZAblOxnPTCGPr_9-Vp_k2ivlmELnpII\" rel=\"nofollow\" target=\"_blank\">zhaorong.liang@eugroup.com.sg<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ0NDg1OCM2OTIyNDM1IzUwMDEyNzQ3NA==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDVkOWJkOTAtYjc5Ny00ZGYyLWEwY2MtMjhlMTFkMDI5Yjk4LTUwMDEyNzQ3NC0yMDI1LTA1LTA1LWVu\/tiny\/JBDI-Holdings-Limited.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Singapore, May 05, 2025 (GLOBE NEWSWIRE) &#8212; (\u201cJBDI\u201d or the \u201cCompany\u201d) (NASDAQ: JBDI) today announced that its board of directors (the \u201cBoard\u201d) has approved a share repurchase program (the \u201cShare Repurchase Program\u201d). Pursuant to the Share Repurchase Program, the Company may repurchase up to US$1.0 Million worth of its Ordinary Shares shares. The Company\u2019s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and\/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Board will review the share repurchase program periodically, and may authorize adjustment of its terms and size. About JBDI Holdings Limited JBDI Holdings &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jbdi-holdings-limited-announces-us1-0-million-share-repurchase-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;JBDI Holdings Limited Announces US$1.0 Million Share Repurchase Program&#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-846829","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>JBDI Holdings Limited Announces US$1.0 Million Share Repurchase Program - 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\/jbdi-holdings-limited-announces-us1-0-million-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JBDI Holdings Limited Announces US$1.0 Million Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Singapore, May 05, 2025 (GLOBE NEWSWIRE) &#8212; (\u201cJBDI\u201d or the \u201cCompany\u201d) (NASDAQ: JBDI) today announced that its board of directors (the \u201cBoard\u201d) has approved a share repurchase program (the \u201cShare Repurchase Program\u201d). Pursuant to the Share Repurchase Program, the Company may repurchase up to US$1.0 Million worth of its Ordinary Shares shares. The Company\u2019s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and\/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Board will review the share repurchase program periodically, and may authorize adjustment of its terms and size. 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Pursuant to the Share Repurchase Program, the Company may repurchase up to US$1.0 Million worth of its Ordinary Shares shares. The Company\u2019s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and\/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Board will review the share repurchase program periodically, and may authorize adjustment of its terms and size. 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