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Santech May Repurchase Up to $5M of ADSs Over Next 12 Months >STEC
US stocks are abnormal | Santech Holdings rose more than 21% before the market, announcing a $5 million buyback plan.
On August 26th, Santech Holdings, a Chinese consumer technology company, rose 21.6% pre-market. In terms of news, the company's board of directors has authorized a new buyback plan. According to this plan, the company will repurchase up to $5 million worth of American Depositary Shares (ADS) within the next 12 months, starting from August 26, 2024. Each ADS represents two ordinary shares.
Santech Jumps 20% on $5M Stock Buyback
Santech Holdings Board Approved A $5M Share Repurchase Program For Its American Depositary Shares
Express News | Santech Holdings Announces US$5 Million Share Repurchase Program
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