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Daqo New Energy (DQ.US; 688303.SH): Blind expansion leads to a 90% profit decline, and it still needs to wait for the reversal of silicon material supply and sales.
The photovoltaic sector has bottomed out in some aspects, but the reversal of silicon materials still needs to be awaited ~
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%
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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.
Why Polysilicon Company Daqo New Energy's Shares Are Trading Higher Premarket Today
Express News | Daqo New Energy Shares Are Trading Higher After the Company Announced a $100 Million Share Repurchase Program
Express News | Daqo New Energy Unveils $100M Share Buyback Program, Effective Through June 2025
Express News | Daqo New Energy Corp Says Expects to Fund Repurchase Program Primarily Out of Its Potentially Available Cash, as Well as Its Existing Cash Balance
Express News | Daqo New Energy Announces $100 Million Share Repurchase Program
Asian Equities Traded in US as American Depositary Receipts Rise in Thursday Trading
Asian Equities Traded in the US as American Depositary Receipts Tumble in Wednesday Trading
These Analysts Think Daqo New Energy Corp.'s (NYSE:DQ) Sales Are Under Threat
Asian Equities Traded in the US as American Depositary Receipts Open Week Lower in Monday Trading
Daqo New Energy Corp. (NYSE:DQ) Shares Could Be 46% Below Their Intrinsic Value Estimate
Asian Equities Traded in the US as American Depositary Receipts Rise in Thursday Trading