Trident announces $1 million share repurchase program

Trident Digital Tech Holdings (NASDAQ:TDTH) announced a $1 million share repurchase program for its Class B ordinary shares in the form of American depositary shares (ADS), starting April 27, 2025, to be executed over 12 months, in accordance with applicable securities regulations.

The program does not obligate Trident to acquire a specific number of shares, and the board will periodically review and may adjust its terms. The company plans to use existing funds to finance the buyback, aiming to generate greater long-term shareholder value.

The share repurchase amount of $1 million represents ~1.10% of the market cap of $91.01 million as of Mar 26, 2025.

More on Trident Digital Tech Holdings

• Financial information for Trident Digital Tech Holdings