Cheer Holding Announces US$50 Million Share Repurchase Authorization
Cheer Holding, Inc. - Class A Ordinary Share (CHR)
Company Research
Source: GlobeNewswire
BEIJING, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer Holding” or the “Company”), a leading provider of advanced mobile internet infrastructure and platform services, announced today that its board of directors (the “Board”) has authorized a $50 million repurchase program of its Class A ordinary shares over the next 36 months. Pursuant to the repurchase program, the Company may repurchase its Class A ordinary shares from time to time in open market transactions or in privately negotiated transactions as permitted under the applicable rules and regulations. Open market purchases are intended to be conducted in accordance with the limitations set forth in Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and applicable legal requirements. All or some portion of the repurchases will be made pursuant to trading plans under Rule 10b5-1 under the Exchange Act, which will permit shares to be repurchased when the Company
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News
- Cheer Holding Won “Best Chinese Stock for Value Investment” AwardGlobeNewswire
- CHEERS Telepathy Ver. 2.5 Released, Marking Another Breakthrough in Technical Innovation and Application CapacityGlobeNewswire
- CHEERS Telepathy Reinterprets Chinese Classic Novel - Outlaws of the MarshGlobeNewswire
- CHEERS Telepathy AI Multimodal Application Upgraded, Supporting Overseas UsersGlobeNewswire
CHR
Sec Filings
- 12/13/24 - Form 6-K
- 12/3/24 - Form 6-K
- 9/27/24 - Form S-8
- CHR's page on the SEC website