Blue Hat Interactive Entertainment Technology Announces Share Repurchase Program
XIAMEN, China, March 06, 2026 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a Cayman Islands exempted company, today announced that its board of directors has authorized a share repurchase program to buy back up to $1 million of its outstanding ordinary shares. This program reflects the Company's confidence in its long-term growth prospects. The share repurchase program is expected for the next six months. The Company intends to fund the repurchases through a combination of cash on hand and cash generated from operations.
The Company may repurchase shares of its ordinary shares from time to time on the open market or in privately negotiated transactions, or otherwise in accordance with applicable federal securities laws, including Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934. The timing and actual number of shares repurchased will depend on a variety of factors including regulatory restrictions on price, manner, timing, volume, corporate, and other regulatory requirements and other market conditions in an effort to minimize the impact of the purchases on the market for the stock.
About Blue Hat Interactive Entertainment Technology
Blue Hat was formerly a provider of communication services, as well as a producer, developer, and operator of AR interactive entertainment games, toys, and educational materials in China. Leveraging years of technological accumulation and unique patented technology, Blue Hat is expanding its business to commodity trading, aiming to become a leading intelligent commodity trader worldwide. The Company routinely provides important information on its website.
Forward-Looking Statements
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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