Brief: Nova Lifestyle Establishes A $5 Mln Share Repurchase Program

XMax

12/12/2017 12:45

Dec 12 (Reuters) - Nova Lifestyle Inc  NVFY.O : 
    * NOVA LIFESTYLE ESTABLISHES A $5 MILLION SHARE REPURCHASE 
PROGRAM 
    * NOVA LIFESTYLE INC - DURATION OF PROGRAM WILL BE ONE 
YEAR 
    * NOVA LIFESTYLE INC - BOARD APPROVED 10B-18 SHARE BUYBACK 
PROGRAM TO PURCHASE UP TO $5 MILLION OF CO'S COMMON STOCK 
    * NOVA LIFESTYLE INC - SHARE BUYBACK PROGRAM WILL BE FUNDED 
FROM 
CO'S CASH AND FUTURE CASH PROVIDED BY OPERATING ACTIVITIES 
 
Source text for Eikon:  ID:nGNXOJXFJa  
Further company coverage:  NVFY.O  
 
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