SMCI stops bank loans, reduces interest payments, and prepares for battle in a lighter manner.
Super Micro Computer Co., Ltd. has fully prepaid and terminated loan agreements with Cathay Bank and Bank of America, signaling its strengthening financial flexibility global strategy. This decision may impact the company's future investment capabilities and financial strategies, which is an important development for stock market enthusiasts.
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72423057 OP : Reducing interest payments = increasing income
71306996 : The money that was originally intended for repurchase was manipulated by the short sellers, and now it can only be used to repay the loan.
103439460 : Is a action to show investor confidence that they are cash rich and sharebuyback is possible, load up of orders in next few quarters are in the way waiting for generate might be one of the factors they able to clear off bank debts so quick.