The Board of Directors of SGD Holdings, Ltd. (OTCPK:SGDH) authorized a share repurchase program on January 31, 2013. Under the plan, the company will repurchase up to 2,000,000 shares from an accredited investor. Repurchased shares will be elgigble for resale and will be held in treasury.

The purpose of the plan is to increase shareholder value.