Why Asana Shares Are Trading Higher Friday
Why Asana Shares Are Trading Higher Friday
"This is a good investment opportunity for us as I believe our shares are undervalued given our immense long-term potential," said Dustin Moskovitz, co-founder and CEO of Asana.Asana, Inc. (NYSE:ASAN) shares are moving higher Friday after the company announced a share repurchase plan.
在該公司宣佈股票回購計劃後，Asana, Inc. (紐交所代碼：ASAN) 股價上漲。
What Happened: Asana announced a $150 million share repurchase program of its Class A common stock through June 30, 2025.
發生了什麼：Asana 宣佈了一份1.5億美元的股票回購計劃，計劃通過回購A類普通股來進行，並持續到2025年6月30日。
The company specified that its not committed to purchase a specific number of shares, however, the board of directors has approved up to $150 million of share repurchases.
該公司明確表示，它沒有承諾購買特定數量的股份，但董事會已經批准了1.5億美元的股份回購計劃。
"This is a good investment opportunity for us as I believe our shares are undervalued given our immense long-term potential," said Dustin Moskovitz, co-founder and CEO of Asana.
Asana 的聯合創始人兼CEO Dustin Moskovitz 表示：“我認爲我們的股票長期潛力巨大，因爲我們的股票被低估了。這對我們是一個很好的投資機會。”
"With over $500 million of cash, cash equivalents, and investments on the balance sheet and a commitment to becoming free cash flow positive by the end of this year, we have the financial leverage and resources.
“在資產負債表上擁有超過5億美元的現金、現金等價物和投資，以及承諾在今年年底實現自由現金流的目標，我們擁有財務槓桿和資源。”
ASAN Price Action: Asan shares are trading 9.85% higher at $12.49 as of Friday morning, according to Benzinga Pro.
ASAN 股票價格變動：根據 Benzinga Pro 的數據，Asan 股票週五早上以12.49美元的價格上漲9.85%。
Image: Photo by FellowNeko via Shutterstock
圖片：通過 shutterstock 獲取，圖片由 FellowNeko 提供。