Business
NewGen to Execute Up to US$2 Million Share Repurchase Program Through Benchmark
Management reiterates strong confidence in NewGen’s long-term fundamentals and disciplined capital allocation strategyBANGKOK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- NewGenIVF Group Limited (Nasdaq: NIVF) (“NewGen” or the “Company”), a tech-forward, diversified, multi-jurisdictional entity transforming industries through innovative solutions across real estate development, digital asset management and reproductive health solutions, today announced that it intends to execute its previously authorized
About this update from Newgenivf Group Limited
[{"type":"text","content":"Management reiterates strong confidence in NewGen’s long-term fundamentals and disciplined capital allocation strategy","length":118,"tagName":"p"},{"type":"text","content":"BANGKOK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- NewGenIVF Group Limited (Nasdaq: NIVF) (“NewGen” or the “Company”), a tech-forward, diversified, multi-jurisdictional entity transforming industries through innovative solutions across real estate development, digital asset management and reproductive health solutions, today announced that it intends to execute its previously authorized share repurchase program initially announced on November 10, 2025 through The Benchmark Company, LLC (“Benchmark”), a subsidiary of StoneX Group Inc. (“StoneX”).","length":543,"tagName":"p"},{"type":"text","content":"Management believes that NewGen’s current market valuation does not fully reflect the Company’s underlying business fundamentals, ongoing initiatives, and long-term strategic potential. The use of Benchmark represents a key step in the disciplined implementation of the Company’s capital allocation strategy and underscores management’s confidence in NewGen’s future trajectory.","length":378,"tagName":"p"},{"type":"text","content":"As previously announced, NewGen’s Board of Directors authorized a share repurchase program of up to US$2 million, to be executed in the open market in accordance with applicable securities laws and regulations. The Company expects to utilize Benchmark’s institutional trading platform and execution capabilities based on its robust institutional trading capabilities, compliance framework, and experience in liquidity-sensitive execution for Nasdaq-listed issuers.","length":464,"tagName":"p"},{"type":"text","content":"Benchmark will handle the execution and operational aspects of trades under the program in accordance with applicable regulatory requirements.","length":142,"tagName":"p"},{"type":"text","content":"Mr. Siu Wing Fung Alfred, Founder, Chairman, and CEO of NewGen, commented, “We continue to believe that the market does not fully recognize the value of our business, the progress we have made, or the scale of opportunities ahead of us. Working with Benchmark as our executing broker allows us to implement our share repurchase program with discipline and transparency. This program reflects our confidence in NewGen’s long-term fundamentals and...