AGBA Group Holding Ltd (AGBA)

[PennyPusher786]

This is still big news and very relevant... It means, if they determine one early morning or late afternoon while the share price is trading at a rather low level.... All they really have to do is purchase 100k to 1 million shares to get things moving as it so happened one Friday morning, the 28th of April 2023... when a mere couple hundred k in buys forced the share price up to $8+ around 6AM sparking a huge buying frenzy to ensue shortly thereafter... This can happen again anytime! Trading at a higher price range and enacting a share offering at $10+ would be better for them to generate more cash on hand for near-term Aquisitions... Why would you dilute shares at such low levels when a proper enacted share purchase strategy coupled with Aquisitions and mergers can enable you to get to a far greater closing share price. Then if you wish to enact a share offering or Warrants: less will give you far more.

Yes my thoughts are very optimistic, but let's see, I know Asians are not stupid, they are very business savvy and very ambitious as well. I know we will see Shareholder Value upheld in the longterm and we may be able to see some violent swings up and down in the coming days... Especially with the Fed addressing interest rates this week Wednesday.

Good luck all, and every shareholder should read this press release thoroughly as well as watch their Twitter feed and reach out to their investors relations team constantly to ensure they know, we are all watching.

INVESTORS RELATIONS PAGE:
https://www.agba.com/ir/

LINKEDIN PAGE:
https://www.linkedin.com/company/agbagroup/

TWITTER PAGE:
https://twitter.com/agbagroup?t=WrGcYDg42gqrWdXT069kLA&s=09

YOUTUBE PAGE:
https://youtube.com/@agbagroup

INSTAGRAM PAGE:
https://instagram.com/agbagroup?igshid=YmMyMTA2M2Y=

FACEBOOK PAGE:
https://www.facebook.com/agbagroup

CONTACT:
[e-mail]
[phone]


RECENTLY POSTED PRESS RELEASE REGARDING SHARE BUY BACK OF UP TO $10,000,000 DOLLARS:

https://finance.yahoo.com/news/agba-group-holding-limited-nasdaq-133000554.html?soc_src=strm&soc_trk=tw

HONG KONG, April 18, 2023 /PRNewswire/ -- NASDAQ-listed, AGBA Group Holding Limited ("AGBA"), the leading one- stop financial supermarket in Hong Kong, today announced that its Board of Directors approved a share repurchase program with authorization to purchase up to 1,000,000 ordinary shares of AGBA with a maximum of $10,000,000 to be expended. The share repurchase program reflects AGBA's commitment to returning value to its shareholders, while maintaining the financial flexibility to invest in growth opportunities. The program also reflects the company's confidence in its future prospects.

Wing-Fai Ng, Group President, AGBA Group Holding Limited said, "Creating and defending shareholder value is a core focus of AGBA. Our scale, combined with the strength of our business and the significant opportunities arising from China's reopening, enables us to continue investing for the long term, while also opportunistically buying back stock through a repurchase program. This program is a direct reflection of our belief that our shares are significantly undervalued, and a demonstration of our confidence in the business and the long-term opportunity ahead."

AGBA may repurchase shares from time to time through open market purchases in accordance with applicable securities laws and regulations. Open market repurchases will be made in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended Exchange Act.

The manner, timing and amount of any shares repurchases will be determined by AGBA's management in its discretion based on its evaluation of various factors, including the trading price of the ordinary shares, market and economic conditions, regulatory requirements and other corporate considerations.

This authorization expires on April 18, 2024, and may be suspended or discontinued at any time and does not obligate the company to acquire any amount of ordinary shares.


RECENTLY POSTED PRESS RELEASE REGARDING AQUISITION OF SONY LIFE FINANCIAL PTE LTD IN SINGAPORE

https://www.agba.com/company/newsroom/media-release/nasdaq-listed-wealth-and-health-firm-agba-group-holding-limited-to-acquire-sony-life-financial-advisers-pte-ltd-in-singapore/#.ZE5-LIL95rE.link