Viomi Technology Co (VIOT) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.