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HeartCore Enterprises, Inc. (NASDAQ:HTCR) announced that its Board of Directors has authorized a share repurchase program pursuant to which the company may repurchase up to $3.5 million of its outstanding shares of common stock.

“The authorization of this share repurchase program reflects our leadership’s confidence in the trajectory of the organization and our ability to generate long-term shareholder value,” said CEO Sumitaka Yamamoto.

The Board authorized the company to purchase its common stock from time to time on a discretionary basis through open market purchases, privately negotiated transactions or other means, including trading plans intended to qualify under Rule 10b5-1, in accordance with applicable federal securities laws and other applicable legal requirements.

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.