Business
Universal Power Industry Corporation Announces Buy-Back of Common Stock
Universal Power Industry Corporation Announces Buy-Back of Common Stock.
About this update from Universal Power Industry Corporation
[{"type":"text","content":"\n\n\n\nUniversal Power Industry Corporation Announces Buy-Back of Common Stock\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nUniversal Power Industry Corporation Announces Buy-Back of Common Stock\nPR Newswire\nNEW YORK, Sept. 6, 2018\n\n\n\nNEW YORK, Sept. 6, 2018 /PRNewswire/ -- Universal Power Industry Corporation (OTC:UPIN) today announced it will periodically purchase up to 2,000,000 of its common shares on the open market.\n\nTony Chiu, Vice President of the Company, stated that \"In my opinion and the opinion of management, the common stock of Universal Power Industry Corporation is undervalued, and, to act in the best interest of the Company and its shareholders, we will implement the purchase of our common shares on the open market.\"\n\nUpdates will be provided throughout the company's social media pages Twitter and Facebook, OTCMarkets news and mainstream media services.\n\nFurther information regarding the company's business and objectives going forward can be obtained at http://www.upinholdings.com or by email at [email protected].\n\nAbout Universal Power Industry Corporation:\n\nUniversal Power Industry Corporation (UPIN) is a diversified holding company that own(s), invests and or manages select businesses and real estate, and on special opportunities will provide financing solutions to companies at various developmental stages. Our business objectives cover a wide range of sectors from consumer/industrial products, technology research and development/startups. We combine capital, innovation and the right management to deliver top of the line products and services to our customers globally.\n\nStatements contained in this release, other than those identifying historical facts, constitute \"forward-looking statements\" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategie...