Euro Tech Holdings shares surge 13.22% intraday after announcing $350,000 stock repurchase program citing undervaluation.

Euro Tech Holdings surged 13.22% intraday following its announcement of a new stock repurchase program authorizing $350,000 to buy back up to 250,000 shares over 12 months. The board cited confidence in the company’s future and stated the stock price underrepresents its net asset value. This follows the completion of its 2025 repurchase program, which bought 301,966 shares for $355,585. The move signals management’s belief in undervaluation and strengthens shareholder value, directly aligning with the sharp intraday rally.