Dec. 4 at 2:57 PM
Skycorp Solar Group announced a share repurchase plan of up to
$2 million and has already bought about 60,000 shares for roughly
$52,000. Management said the program reflects confidence in the company’s intrinsic value, business resilience, and long-term growth outlook.
The company is evolving from a traditional manufacturer and distributor of solar components into an integrated solar business after acquiring Cesun Power. Its expanded operations now include investment and development of energy projects, AI-driven digital energy management, and manufacturing activities.
Skycorp noted that the timing and amount of further repurchases will depend on market conditions, including share price and liquidity, as well as capital allocation priorities. All transactions will be disclosed in line with reporting requirements.
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