tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

VNET Group announces $50M share repurchase program

VNET Group (VNET) announced that to underscore its confidence in VNET’s future development and growth prospects, its Board of Directors has authorized a share repurchase program under which VNET may repurchase up to $50M of its American depositary shares, each representing six Class A ordinary shares of the company, subject to the relevant rules under the Securities Exchange Act of 1934, as amended, and the company’s insider trading policy.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1