Primech (PMEC) Announces Share Repurchase Program

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Go back to Primech (PMEC) Announces Share Repurchase Program

Primech Holdings Announces Share Repurchase Program

May 1, 2025 8:30 AM EDT

SINGAPORE, May 01, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the Company) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its Board of Directors has approved a Rule 10b-18 share repurchase program with authorization to purchase up to 20% of the Company's outstanding Ordinary Shares. The program is subject to shareholder approval at the upcoming Extraordinary General Meeting (EGM).

This program will be effective from the date when the shareholders approval is obtained, up to the... More