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CLPS extends share buyback through July 3, 2027

Up to 759,159 common shares remained available for repurchase as of October 28, 2026, under the extended authorization.

(High)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
6-K

Rhea-AI Filing Summary

CLPS Inc. announced that its board authorized an extension of its existing share repurchase program through July 3, 2027. The program permits repurchases of up to an aggregate 1,000,000 common shares. As of October 28, 2026, CLPS had repurchased 240,841 common shares, leaving up to 759,159 available. The eight-month extension keeps all other terms and conditions unchanged, and CLPS may repurchase the remaining authorized shares during the extension.

Repurchases may occur through open-market transactions at prevailing market prices, privately negotiated transactions, block trades, or other legally permissible means, depending on market conditions and applicable rules. The board will review the program periodically and may adjust its terms or size, or suspend or discontinue it.

Insights

Analyzing...

Program authorization Up to 1,000,000 common shares Aggregate authorization under the share repurchase program
Shares repurchased 240,841 common shares As of October 28, 2026
Shares available Up to 759,159 common shares Under the program as of October 28, 2026
Extension period 8 months Additional period for the share repurchase program
Program extension end date July 3, 2027 Extended program end date
share repurchase program financial
"extension of its existing share repurchase program"
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
prevailing market prices financial
"open market transactions at prevailing market prices"
The current prices at which a security or asset is being actively bought and sold in the open market, reflecting real‑time supply and demand—like the price you’d pay for an item in a busy marketplace. Investors care because these prices determine what they can actually sell or buy, set the value of holdings for accounting and lending, and influence decisions about timing trades and measuring gains or losses.
block trades financial
"privately negotiated transactions, in block trades"
A block trade is a single, large buy or sell of shares or bonds arranged privately between big traders rather than piecemeal on the public market. Think of it like buying a whole shipment at once instead of many small shopping trips; it lets large holders move big positions with less immediate disruption but can signal strong buying or selling pressure and cause price swings once the trade is known, so investors watch block trades for clues about market sentiment and liquidity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares does CLPS have left to repurchase?

Up to 759,159 common shares remained available as of October 28, 2026, from the program's authorization to repurchase up to an aggregate 1,000,000 common shares.

How may CLPS repurchase shares under the extended program?

CLPS may repurchase shares through open-market transactions at prevailing market prices, privately negotiated transactions, block trades, or other legally permissible means, depending on market conditions and applicable rules.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2026

 

Commission File No. 001-38505

 

CLPS Incorporation

 

c/o Unit 1000, 10th Floor, Millennium City III

370 Kwun Tong Road, Kwun Tong, Kowloon

Hong Kong SAR

Tel: (852) 37073600

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICE)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒         Form 40-F ☐

 

 

 

 

 

 

Information Contained in this Form 6-K Report

 

On October 29, 2026, CLPS Inc. (the “Company”) issued a press release announcing the extension of its existing share repurchase program through July 3, 2027. A copy of this press release is filed as Exhibit 99.1 to this report.

 

Exhibits

 

99.1   Press Release

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  CLPS Incorporation
     
  By: /s/ Raymond Ming Hui Lin
  Name:  Raymond Ming Hui Lin
  Title: Chief Executive Officer

 

Dated: October 29, 2026

 

2

 

Exhibit 99.1

 

CLPS Incorporation Announces Extension of Share Repurchase Program

 

HONG KONG, October 29, 2026 / PRNewswire / — CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS) today announced that its Board of Directors has authorized the extension of its existing share repurchase program (the “Share Repurchase Program”).

 

The Share Repurchase Program officially commenced on February 5, 2026, and was set to expire on November 4, 2026, pursuant to which the Company may repurchase up to an aggregate 1,000,000 of its outstanding common shares of US$0.0001 each (“Common Shares”). As of October 28, 2026, the Company has repurchased 240,841 Common Shares under the program, leaving up to 759,159 Common Shares available for repurchase.

 

The Share Repurchase Program has now been extended for an additional 8-month period, through July 3, 2027 (the “Extension”), with all other terms and conditions unchanged. The Company may continue to repurchase the remaining authorized Common Shares during the Extension.

 

The repurchases may be effected from time to time through open market transactions at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on the market conditions and in accordance with applicable rules and regulations. The Company’s Board of Directors will review the Share Repurchase Program periodically, and may further authorize adjustment of its terms and size or suspend or discontinue the Share Repurchase Program.

 

About CLPS Incorporation

 

CLPS Incorporation (NASDAQ: CLPS), established in 2005 and headquartered in Hong Kong, is at the forefront of driving digital transformation and optimizing operational efficiency across industries through innovations in artificial intelligence, cloud computing, and big data. Our diverse business lines span sectors including fintech, payment and credit services, e-commerce, education and study abroad programs, and global tourism integrated with transportation services. Operating across 10 countries worldwide, with strategic regional hubs in Shanghai (mainland China), Singapore (Southeast Asia), and California (North America), and supported by subsidiaries in Japan and the UAE, we provide a robust global service network that empowers legacy industries to evolve into data-driven, intelligent ecosystems. For further information regarding the Company, please visit: https://ir.clpsglobal.com/, or follow CLPS on Facebook, Instagram, LinkedIn, X, and YouTube.

 

Forward-Looking Statements

 

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company’s beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company’s control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company’s expectations of the Company’s future growth, deployment in the AI technology sector, performance and results of operations, the Company’s ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company’s most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

 

Contact:

 

CLPS Incorporation

Rhon Galicha

Investor Relations Office 

Phone: +86-182-2192-5378

Email: ir@clpsglobal.com 

 

Filing Exhibits & Attachments

1 document

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