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Lucas GC Announces $6M Share Repurchase Program

Author: Benzinga Newsdesk | August 08, 2024 09:09am

Lucas GC Limited (NASDAQ:LGCL) ("Lucas" or the "Company"), an artificial intelligence (the "AI") technology-driven Platform-as-a-Service (the "PaaS") company whose technologies have been applied to the human resources, insurance and wealth management industry verticals, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$6 million of its ordinary shares, the same gross amount of proceeds that it raised in its IPO closed in March 2024. This plan is effective immediately for up to a one-year period.

Posted In: LGCL


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