Asian Equities Traded in the US as American Depositary Receipts Drop in Thursday Trading
Daqo New Energy (DQ) Unveils $100M Share Repurchase Program
Analysts Have Just Cut Their Daqo New Energy Corp. (NYSE:DQ) Revenue Estimates By 13%
Asian Equities Traded in the US as American Depositary Receipts Start Week Higher in Monday Trading
Sector Update: Tech Stocks Advance Premarket Monday
Daqo New Energy (DQ.US) announces a share buyback plan of 0.1 billion US dollars.
On July 22, Gelunhui announced that Daqo New Energy (DQ.US) Board of Directors has approved a share buyback plan of up to $0.1 billion, which will take effect immediately and continue until June 30, 2025. The Board of Directors has authorized Daqo New Energy to repurchase up to $0.1 billion of its outstanding ordinary shares or American Depositary Shares ("ADS") in open-market purchases, privately negotiated transactions, block trades or other legal means in accordance with applicable U.S. securities laws. The company is expected to primarily use its potential available cash and existing cash balances to fund this plan.
dynamic Dinosaur_278 : Should be lower I think.