SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) -- Trident Digital Tech Holdings Ltd ("Trident” or the "Company,” NASDAQ: TDTH), a leading catalyst for digital transformation in technology optimization services and Web 3.0 activation based in Singapore, today announced that its board of directors has authorized a share repurchase program (the "2025 Share Repurchase Program”) under which the Company may repurchase up to US$1,000,000 million of its Class B ordinary shares in the form of American depositary shares over the 12 months starting from April 27, 2025, subject to the relevant rules under the Securities Exchange Act of 1934, as amended (the "Exchange Act”), and the Company’s insider trading policy.
A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s strategies, future business development, and financial condition and results of operations; the expected growth of the digital solutions market; the political, economic, social and legal developments in the jurisdictions that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand.
The Company’s share repurchases, if any, under the 2025 Share Repurchase Program may be made from time to time on the open market at prevailing market prices, in open-market transactions or block trades, and/or through other legally permissible means, depending on market conditions and in accordance with the applicable rules and regulations.
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Author / Journalist: Trident Digital Tech Holdings Ltd
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