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Amber International Holding authorizes up to $50 million share repurchase

Published 26/11/2025, 14:14
Amber International Holding authorizes up to $50 million share repurchase
AMBR
4.26%

Amber International Holding Ltd (NASDAQ:AMBR) announced Wednesday that its board of directors has authorized a share repurchase program of up to $50 million of its outstanding American depositary shares (ADSs). The program will begin December 1, 2025, and is set to run for 12 months.

According to a statement released as part of a SEC filing, the company may repurchase its ADSs through open market transactions, privately negotiated deals, block trades, or a combination of these methods. Repurchases will be conducted in accordance with Rule 10b-18 and Rule 10b5-1 under the Securities Exchange Act of 1934 and will comply with the company’s insider trading policy.

The number of ADSs repurchased and the timing of the transactions will depend on factors such as share price, trading volume, general market conditions, working capital requirements, and overall business conditions. The board of directors will periodically review the program and may adjust its terms or size.

Amber International Holding stated that it intends to fund the share repurchases using a combination of its cash balance and cash generated from operations. The company does not expect the repurchase program to affect its existing business strategies.

“This share repurchase program reflects our Board’s confidence in Amber International’s business momentum and long-term growth trajectory,” said Michael Wu, Chairman and CEO.

Amber International Holding Ltd is headquartered in Singapore and operates under the brand name Amber Premium. The information in this article is based on a press release statement included in a SEC filing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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