GigaCloud Technology Inc Announces New $111 Million Share Repurchase Program
GigaCloud Technology (Nasdaq: GCT) has announced a new $111 million share repurchase program on its third IPO anniversary, effective August 17, 2025. The program, spanning three years, replaces the previous buyback initiative.
The company has demonstrated strong performance since its 2022 IPO, with a 163% share price appreciation and nearly $71 million returned to shareholders through buybacks. The new program is backed by GigaCloud's robust financial position, featuring zero debt and consistent positive operating cash flows.
The repurchases will be executed through various means, including open market transactions and block trades, in compliance with SEC regulations. The timing and volume of buybacks will be determined by factors such as price, trading volume, and market conditions.
GigaCloud Technology (Nasdaq: GCT) ha annunciato un nuovo programma di riacquisto di azioni da 111 milioni di dollari nel terzo anniversario della sua IPO, con efficacia dal 17 agosto 2025. Il programma, della durata di tre anni, sostituisce l'iniziativa di buyback precedente.
La societ脿 ha mostrato solide performance dall'IPO del 2022, con una apprezzamento del prezzo delle azioni del 163% e quasi 71 milioni di dollari restituiti agli azionisti tramite riacquisti. Il nuovo programma 猫 supportato dalla solida posizione finanziaria di GigaCloud, caratterizzata da assenza di debiti e flussi di cassa operativi positivi e costanti.
I riacquisti saranno eseguiti con diverse modalit脿, incluse transazioni sul mercato aperto e blocchi di titoli, in conformit脿 con le normative della SEC. Tempistica e volumi dei buyback saranno determinati da fattori quali il prezzo, il volume di scambio e le condizioni di mercato.
GigaCloud Technology (Nasdaq: GCT) ha anunciado un nuevo programa de recompra de acciones de 111 millones de d贸lares en el tercer aniversario de su OPV, con vigencia a partir del 17 de agosto de 2025. El programa, con una duraci贸n de tres a帽os, reemplaza la iniciativa de recompra anterior.
La compa帽铆a ha mostrado un s贸lido desempe帽o desde su OPV en 2022, con una apreciaci贸n del precio de las acciones del 163% y casi 71 millones de d贸lares devueltos a los accionistas mediante recompras. El nuevo programa cuenta con el respaldo de la s贸lida posici贸n financiera de GigaCloud, con cero deuda y flujos de caja operativos positivos y recurrentes.
Las recompras se ejecutar谩n por distintos medios, incluidas transacciones en mercado abierto y operaciones en bloque, cumpliendo las normativas de la SEC. El momento y el volumen de las recompras se determinar谩n seg煤n factores como el precio, el volumen de negociaci贸n y las condiciones del mercado.
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GigaCloud Technology (Nasdaq: GCT) a annonc茅, 脿 l'occasion du troisi猫me anniversaire de son IPO, un nouveau programme de rachat d'actions de 111 millions de dollars prenant effet le 17 ao没t 2025. Le programme, d'une dur茅e de trois ans, remplace l'initiative de rachat pr茅c茅dente.
La soci茅t茅 a affich茅 de solides performances depuis son IPO de 2022, avec une hausse du cours de l'action de 163 % et pr猫s de 71 millions de dollars redistribu茅s aux actionnaires via des rachats d'actions. Le nouveau programme s'appuie sur la solide position financi猫re de GigaCloud, caract茅ris茅e par l'absence de dette et des flux de tr茅sorerie d'exploitation positifs et r茅currents.
Les rachats seront r茅alis茅s par divers moyens, y compris des transactions en march茅 ouvert et des blocs, en conformit茅 avec la r茅glementation de la SEC. Le calendrier et le volume des rachats seront d茅termin茅s par des facteurs tels que le prix, le volume des 茅changes et les conditions de march茅.
GigaCloud Technology (Nasdaq: GCT) hat anl盲sslich des dritten Jahrestags seines B枚rsengangs ein neues Aktienr眉ckkaufprogramm 眉ber 111 Millionen US-Dollar angek眉ndigt, das am 17. August 2025 in Kraft tritt. Das dreij盲hrige Programm ersetzt die bisherige R眉ckkaufinitiative.
Das Unternehmen zeigte seit dem IPO 2022 eine starke Entwicklung mit einer Aktienkurssteigerung von 163 % und hat durch R眉ckk盲ufe nahezu 71 Millionen US-Dollar an die Aktion盲re zur眉ckgef眉hrt. Das neue Programm wird durch die solide Finanzlage von GigaCloud gest眉tzt, die keine Schulden und best盲ndige positive operative Cashflows aufweist.
Die R眉ckk盲ufe werden 眉ber verschiedene Wege ausgef眉hrt, darunter Transaktionen am offenen Markt und Blocktrades, unter Einhaltung der SEC-Vorschriften. Zeitpunkt und Umfang der R眉ckk盲ufe richten sich nach Faktoren wie Preis, Handelsvolumen und Marktbedingungen.
- New $111 million share repurchase program demonstrates strong commitment to shareholder value
- Stock price appreciated 163% since 2022 IPO
- Strong balance sheet with zero debt
- Consistent positive operating cash flows
- Successfully returned $71 million to shareholders through previous buybacks
- Company acknowledges excessive stock price volatility concerns
Insights
GigaCloud's new $111M buyback program signals financial strength and commitment to shareholder value while addressing stock volatility concerns.
GigaCloud Technology's announcement of a
The company has already demonstrated a commitment to returning capital to shareholders, having repurchased nearly
GigaCloud's zero-debt position and consistent positive operating cash flows provide a solid foundation for this program. The
The repurchase authorization's size -
EL MONTE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (鈥淕igaCloud鈥� or the 鈥淐ompany鈥�), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced鈥攐n the third anniversary of its IPO鈥攖hat its Board of Directors has authorized a new share repurchase program to repurchase up to
鈥淲e are very pleased to report that our share price has appreciated by
鈥淭he program is supported by our strong balance sheet, including zero debt and consistent positive operating cashflows,鈥� said Erica Wei, Chief Financial Officer. 鈥淭his disciplined approach allows us to return capital to shareholders while maintaining flexibility for strategic initiatives that support long-term growth.鈥�
Under the share repurchase program, the Company may buy its ordinary shares through various means, including open market transactions, privately negotiated transactions, block trades, any combination thereof, or other legally permissible means. The Company may effect repurchase transactions in compliance with Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The number of shares repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with the Company鈥檚 working capital requirements, general business conditions and other factors. The Company鈥檚 Board of Directors will review the share repurchase program periodically, and may modify, suspend or terminate the share repurchase program at any time. The Company plans to fund repurchases from its existing cash balance
About GigaCloud Technology Inc
GigaCloud Technology Inc is a pioneer of global end-to-end B2B technology solutions for large parcel merchandise. The Company鈥檚 B2B ecommerce platform, which it refers to as the 鈥淕igaCloud Marketplace,鈥� integrates everything from discovery, payments and logistics tools into one easy-to-use platform. The Company鈥檚 global marketplace seamlessly connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Asia and Europe, to execute cross-border transactions with confidence, speed and efficiency. The Company offers a truly comprehensive solution that transports products from the manufacturer鈥檚 warehouse to the end customer鈥檚 doorstep, all at one fixed price. The Company first launched its marketplace in January 2019 by focusing on the global furniture market and has since expanded into additional categories such as home appliances and fitness equipment. For more information, please visit the Company鈥檚 website: .
Forward-Looking Statements
This press release contains 鈥渇orward-looking statements.鈥� Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company鈥檚 current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as 鈥渕ay,鈥� 鈥渨ill,鈥� 鈥渃ould,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渁im,鈥� 鈥渆stimate,鈥� 鈥渋ntend,鈥� 鈥減lan,鈥� 鈥渂elieve,鈥� 鈥渋s/are likely to,鈥� 鈥減ropose,鈥� 鈥減otential,鈥� 鈥渃ontinue鈥� or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company鈥檚 registration statement and other filings with the SEC.
For investor and media inquiries, please contact:
GigaCloud Technology Inc
Investor Relations 鈥� 听
PondelWilkinson, Inc.
Laurie Berman (Investors) 鈥� 听
George Medici (Media) 鈥� 听
FAQ
What is the size and duration of GigaCloud's (GCT) new share repurchase program?
How has GigaCloud's (GCT) stock performed since its IPO?
How much capital has GigaCloud (GCT) returned to shareholders through previous buybacks?
What is GigaCloud's (GCT) current debt position?
How will GigaCloud (GCT) execute its share repurchase program?
