EHang Announces US$30 Million Share Repurchase Program
EHang Holdings Limited - ADS (EH)
Company Research
Source: GlobeNewswire
GUANGZHOU, China, Nov. 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced that the Company’s Board of Directors has approved a Share Repurchase Program, pursuant to which the Company may repurchase up to US$30 million of its American Depositary Shares (“ADSs”) or ordinary shares over the next 12 months. Mr. Huazhi Hu, Founder, Chairman and CEO of EHang, commented, “This Share Repurchase Program underscores our confidence in EHang’s long-term growth potential as well as our capability in continuously delivering value to our shareholders. Looking ahead, we remain focused on advancing our leadership in providing safe, pilotless, and sustainable eVTOL solutions in the Urban Air Mobility sector, while maintaining a disciplined approach to capital allocation to ensure sustainable growth and profitability.” The Company's proposed repurchases may be mad
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EH
News
- EHang Holdings Limited (NASDAQ:EH) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock? [Yahoo! Finance]Yahoo! Finance
- EHang Holdings Ltd (EH) Q3 2024 Earnings Call Highlights: Record Revenue Surge and Strategic ... [Yahoo! Finance]Yahoo! Finance
- EHang Reports Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- EHang Reports Third Quarter 2024 Unaudited Financial ResultsGlobeNewswire
- EHang Partners with Sunriver to Expand Chinese Cultural Tourism Market with Purchase Plan for 50 Units of EH216-SGlobeNewswire
EH
Sec Filings
- 11/22/24 - Form 6-K
- 11/18/24 - Form SCHEDULE
- 11/18/24 - Form 6-K
- EH's page on the SEC website