other material
confidence high
sentiment positive
materiality 0.60
Jerash Holdings authorizes $3.0M share repurchase program through March 2023
Jerash Holdings (US), Inc.
- Board approved up to $3.0M in share repurchases of JRSH common stock.
- Program effective through end of fiscal year March 31, 2023.
- CEO cites strong cash position and free cash flow as supporting rationale.
- Repurchases may occur via open market, private negotiations, or block trades.