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JinkoSolar | 6-K: JinkoSolar Upsizes and Extends Share Repurchase Program

JinkoSolar | 6-K: JinkoSolar Upsizes and Extends Share Repurchase Program

晶科能源 | 6-K:晶科能源扩大并延长股票回购计划
美股SEC公告 ·  2024/12/12 05:05

Moomoo AI 已提取核心信息

JinkoSolar announced a significant expansion of its share repurchase program on December 10, 2024. The Board has approved an increase in the program's size from US$200 million to US$350 million, with an extension through June 30, 2026. To date, the company has repurchased approximately US$134.5 million of ADSs under the existing program, leaving about US$215.5 million available for future repurchases.The repurchases will be conducted through open-market transactions, privately negotiated deals, or block trades, subject to market conditions and compliance with Rule 10b-18 and Rule 10b5-1 of the Exchange Act. The company plans to utilize both existing funds and external financing to fund the extended program.CEO Xiande Li emphasized that this expansion reflects their confidence in long-term business growth, highlighting the company's competitive advantages in N-type TOPCon technology, global operations network, and integrated capacity structure. The Board will periodically review the program and may adjust its terms and size.
JinkoSolar announced a significant expansion of its share repurchase program on December 10, 2024. The Board has approved an increase in the program's size from US$200 million to US$350 million, with an extension through June 30, 2026. To date, the company has repurchased approximately US$134.5 million of ADSs under the existing program, leaving about US$215.5 million available for future repurchases.The repurchases will be conducted through open-market transactions, privately negotiated deals, or block trades, subject to market conditions and compliance with Rule 10b-18 and Rule 10b5-1 of the Exchange Act. The company plans to utilize both existing funds and external financing to fund the extended program.CEO Xiande Li emphasized that this expansion reflects their confidence in long-term business growth, highlighting the company's competitive advantages in N-type TOPCon technology, global operations network, and integrated capacity structure. The Board will periodically review the program and may adjust its terms and size.
晶科能源于2024年12月10日宣布大幅扩展其回购计划。董事会已批准将该计划的规模从20000万美元增加到35000万美元,并延长至2026年6月30日。截至目前,公司已根据现有计划回购了约13450万美元的ADS,剩余约21550万美元可用于未来的回购。回购将通过公开市场交易、私下协商的交易或大宗交易进行,具体取决于市场状况和遵守《交易所法》的第100亿.18条和第10b5-1条的规定。公司计划利用现有资金和外部融资为扩展计划提供资金。首席执行官李显德强调,此次扩展反映了他们对长期业务增长的信恳智能,突显了公司在N型TOPCon科技、全球运营网络和一体化产能结构方面的竞争优势。董事会将定期审查该计划,并可能调整其条款和规模。
晶科能源于2024年12月10日宣布大幅扩展其回购计划。董事会已批准将该计划的规模从20000万美元增加到35000万美元,并延长至2026年6月30日。截至目前,公司已根据现有计划回购了约13450万美元的ADS,剩余约21550万美元可用于未来的回购。回购将通过公开市场交易、私下协商的交易或大宗交易进行,具体取决于市场状况和遵守《交易所法》的第100亿.18条和第10b5-1条的规定。公司计划利用现有资金和外部融资为扩展计划提供资金。首席执行官李显德强调,此次扩展反映了他们对长期业务增长的信恳智能,突显了公司在N型TOPCon科技、全球运营网络和一体化产能结构方面的竞争优势。董事会将定期审查该计划,并可能调整其条款和规模。
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