AmpliTech授权1000万美元回购

• AmpliTech Group (AMPG) board authorized a stock repurchase program of up to $10M over the next 24 months and terminated its unused ATM equity offering program, effective immediately.
• The company said it ended the ATM program because its current cash position, improved working capital and expected operating performance provide sufficient funding for growth initiatives without issuing additional equity.
• The company said the buyback will be funded with existing cash on hand, with repurchases to be made through open-market purchases, privately negotiated transactions, block trades or other methods.
• The stock price fell about 3.8% on Tuesday pre-market trade.

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