HeartCore Enterprises more than doubles on $3.5 mln share buyback
08/06/2022 17:11
** Shares of Japan-based software development co HeartCore
Enterprises HTCR.O more than double to $2.61
** Stock hits highest levels in two months
** HTCR says it will repurchase up to $3.5 mln of its
outstanding shares of common stock through open market
purchases urn:newsml:reuters.com:*:nGNXbYT5xj
** Co expects to fund these repurchases through existing
cash balances
** Up to last close, HTCR shares down 79.4% since their
February 2022 debut
(Reporting by Aatrayee Chatterjee in Bengaluru)
((Aatrayee.Chatterjee@thomsonreuters.com;))