TJGC Group approves $2 million share repurchase program
TJGC Group Limited (NASDAQ: TJGC) announced that its Board of Directors has authorized a share repurchase program for up to $2,000,000 of the company's Class A ordinary shares, according to a press release.
Under the program, the company may repurchase shares through open market purchases, block trades, privately negotiated transactions, or other means. Open market repurchases will be conducted in accordance with applicable federal securities laws, including Rule 10b-18 under the Securities Exchange Act of 1934. The company may also enter into Rule 10b5-1 plans to facilitate repurchases.
The program carries no time limit and does not obligate the company to repurchase any specific number of shares. It may be modified, suspended, or discontinued at any time at the Board's discretion. The company expects to fund repurchases using existing cash and cash equivalents and/or future cash flows.
Bin Guo, Chief Executive Officer and director of the company, said: "The adoption of this share repurchase program reflects the Board's confidence in the Company's long-term strategy and growth prospects, as well as our commitment to a disciplined approach to capital allocation."
TJGC Group, based in Hung Hom, Hong Kong, provides integrated marketing and advertising services through its subsidiary, Ctrl Media Limited. The company was formerly known as Ctrl Group Limited and changed its name in November 2025.
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