- E-Home Household Services Holdings Ltd EJH Board of Directors has authorized a share repurchase program of up to $8 million of shares within the next nine months.
- The company plans to fund the share repurchase with its existing cash balance.
- Xie Wenshan, Chairman and CEO of E-Home, said, "We believe the share repurchase program represents our confidence in our strong business performance, and in the long-term outlook for the household services industry in China."
- Price Action: EJH shares are trading higher by 40.4% at $0.88 in premarket on the last check Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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