Viomi Technology Co (VIOT) has released an update.
Viomi Technology Co., Ltd, a leader in home water solutions, has extended its share repurchase plan for an additional year, allowing for the repurchase of up to $10 million of its American Depositary Shares through October 2025. This move underscores the company’s commitment to enhancing shareholder value by utilizing its existing cash reserves. So far, Viomi has repurchased approximately $901,258 worth of shares from the open market.
For further insights into VIOT stock, check out TipRanks’ Stock Analysis page.
