India, Feb. 10 -- Karooooo Limited said it intends to repurchase up to 1 million of its common stock before the next Annual General Meeting. Purchases of ordinary shares by the company may be made by way of market purchases on the Nasdaq and/or the JSE.

Karooooo, headquartered in Singapore, assists thousands of enterprise customers to digitally transform their on-the-ground operations. It is a provider of an on-the-ground operational IoT SaaS cloud that maximizes the value of transportation, operations and workflow data by providing insightful real-time data analytics, with over 1,950,000+ connected vehicles and equipment to-date.

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