Amber International launches 12-month, US$50M ADS buyback program
Rhea-AI Filing Summary
Amber International Holding Limited announced that its board has authorized a share repurchase program for up to US$50 million of its outstanding American depositary shares, each representing five Class A ordinary shares. The program will run for 12 months starting from December 1, 2025.
The company may buy back ADSs through open market purchases, privately negotiated deals, block trades, or combinations of these methods, in line with Rule 10b-18, Rule 10b5-1 and its insider trading policy. Management stated that the decision reflects confidence in the company’s business momentum and long-term growth, and plans to fund repurchases using existing cash and cash generated from operations while continuing to invest in its AI-driven technology, real world asset platform, and market expansion.
Positive
- None.
Negative
- None.
Insights
Amber International adds a US$50 million buyback alongside ongoing growth investments.
Amber International Holding Limited has authorized a share repurchase program for up to
The company indicates it will execute repurchases via open market purchases, privately negotiated transactions, and block trades, following Rule 10b‑18 and Rule 10b5‑1 under the Exchange Act. This framework provides flexibility while staying within prescribed safe harbor and trading‑plan practices.
Management plans to fund the program using its cash balance and cash generated from operations, and states it does not expect the program to adversely affect existing business strategies, including AI‑driven technology, real world asset platform development, and broader market expansion. Subsequent disclosures can clarify the pace of repurchases and their interaction with capital needs.