---
schema_version: "secwatch.filing_event.v1"
accession: "0001857816-24-000202"
form_type: "8-K"
ticker: "GCT"
cik: "0001857816"
company_name: "GigaCloud Technology Inc"
filed_at: "2024-09-03T23:59:59+00:00"
generated_at: "2026-05-31T06:41:16.215436+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# GigaCloud announces $46M share repurchase program over 12 months

## Summary
- 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.

## SEC filing metadata
- accession: 0001857816-24-000202
- form_type: 8-K
- ticker: GCT
- cik: 0001857816
- company_name: GigaCloud Technology Inc
- filed_at: 2024-09-03T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857816/000185781624000202/0001857816-24-000202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857816/000185781624000202/gct-20240903.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857816-24-000202
- JSON: https://secwatch.observer/filing/0001857816-24-000202.json
- Plain text: https://secwatch.observer/filing/0001857816-24-000202.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.