GCL Global Authorizes $10 Million Share Repurchase Program

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GCL Global announced that its Board of Directors has authorized a share repurchase program of up to $10 million over the next 12 months, to be funded with available cash on hand. CEO Sebastian Toke said the company believes it is an opportune time to invest in its own shares while maintaining financial flexibility for growth. The stock rose about 9% in pre-market trading on Friday.

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