GigaCloud announces $46M share repurchase program over 12 months

GigaCloud Technology Inc

Board approved repurchase of up to $46 million of Class A ordinary shares over next 12 months.
Previous $25M program expired; company has over $200M cash, no external debt, positive cash flows.
Company plans to enter a Rule 10b5-1 plan for repurchases after the conclusion of this quarter.
Repurchases may be made via open market, private transactions, block trades, depending on market conditions.

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