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Daqo New Energy authorizes $100M share repurchase program

Daqo New Energy (DQ) has approved a $100M share repurchase program, effective today through December 31, 2026. The company expects to fund the repurchase primarily out of its existing cash balance. The repurchase program does not obligate Daqo New Energy to acquire any number of ordinary shares or ADSs at any specific time.

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