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Stock impact report

JinkoSolar Announces up to US$100 Million Share Repurchase Program

JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) (JKS) 
Last jinkosolar holding company limited american depositary shares (each representing 4 common shares) earnings: 3/13 06:43 am Check Earnings Report
US:NYSE Investor Relations: ir.jinkosolar.com
Company Research Source: PR Newswire
SHANGHAI, March 12, 2020 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its Board of Directors approved a share repurchase program on March 12, 2020, which authorizes the Company to repurchase up to US$100 million of its ordinary shares represented by American depositary shares ("ADSs") within twelve months. Purchases may be made from time to time on the open market at prevailing market prices in open-market transactions, privately negotiated transactions or block trades, and/or through other legally permissible means, depending on market conditions and in accordance with the applicable rules and regulations. The timing and conditions of the share repurchases will be subject to various factors including the requirements under Rule 10b-18 and Rule 10b5-1 of the Exchange Act, as well as JinkoSolar's insider trading policy. JinkoSolar plans to u Show less Read more
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