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EVK - Ever-Glory announces $5 million share buyback plan
Ever-Glory International Group Inc.
Ever-Glory (NASDAQ:EVK) has approved the stock repurchase program of up to $5.0 million on or before Dec. 31, 2021. "We believe our stock is a good value, and the Board's approval of this stock repurchase program is recognition of the long-term prospects in our Company's intrinsic value and the undervalued price of our stock," said Mr. Yihua Kang, CEO. Shares +6% premarket.