StockWatch
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Catalog/Specialty Distribution
BuybackMay 26, 2026, 04:07 PM

Linkage Global Announces $8M Share Repurchase Program

AI Summary

Linkage Global Inc. announced a share repurchase program authorizing up to $8 million of its Class A Ordinary Shares, reflecting management's confidence in the company's long-term value and business model evolution. Additionally, the company entered into an Addendum to a Securities Purchase Agreement, extending the registration deadline for 833,333 Class A ordinary shares from 30 to 60 business days following the closing of a $500,000 private placement.

Key Highlights

  • Linkage Global Inc. authorized a share repurchase program of up to $8,000,000 for its Class A Ordinary Shares.
  • The share repurchase program was announced on May 26, 2026, and will be funded by existing cash and future cash flow.
  • On May 22, 2026, the company entered into an Addendum to Securities Purchase Agreement.
  • The Addendum extended the registration deadline for shares from 30 business days to 60 business days after closing.
  • The original private placement involved 833,333 Class A ordinary shares at $0.60 per share.
  • The private placement generated gross proceeds of $500,000.