Technology company to fund buyback of just over 125.5-million shares with cash reserves
Technology firm 4Sight Holdings will proceed with the buyback of a fifth of its issued equity as the board seeks to increase investor interest and improve the share price performance.
On Thursday, the company received final approval from shareholders to conclude the repurchase that will see just over 125.5-million shares, or 19% of total equity, taken out of circulation. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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