ATRenew Announces Upsizing and Extension of Share Repurchase Program [Yahoo! Finance]
ATRenew Inc. American Depositary Shares (every three of which representing two Class A ordinary shares) (RERE)
Company Research
Source: Yahoo! Finance
electronics transactions and services platform in China , today announced that the Company's board of directors has approved modifications to the size and term of its existing share repurchase program adopted in March 2024 , increasing the aggregate value of shares that may be repurchased from US$20 million to US$50 million and extending the effective term to June 27 About ATRenew Inc. Headquartered in Shanghai , ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew's open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the ent
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News
- China's plan to boost consumption by encouraging trade-ins has yet to show results [CNBC]CNBC
- ATRenew Inc. Announces Improvement in S&P Global Corporate Sustainability Assessment ESG Score for 2024PR Newswire
- ATRenew's Quarterly Earnings Hit Record Highs, Maintain Buy [Seeking Alpha]Seeking Alpha
- ATRenew Inc. (RERE) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- ATRenew Inc. Reports Unaudited Second Quarter 2024 Financial ResultsPR Newswire