Xunlei Announces US$20 Million Share Repurchase Program [Yahoo! Finance]
Xunlei Limited - American Depositary Shares (XNET)
US:NASDAQ Investor Relations:
ir.xunlei.com
Company Research
Source: Yahoo! Finance
distributed cloud services in China, today announced that the board of directors of the Company (the “Board”) has approved a new share repurchase program under which the Company may repurchase up to US$20 million of its ADSs or common shares over the next 12 months (the “2024 Share Repurchase Program”). The Board will review the 2024 Share Repurchase Program periodically and, if necessary, adjust its size and terms as necessary. In June 2023, Xunlei announced that the Board approved and adopted a share repurchase program, which authorized the Company to repurchase up to US$20 million of its shares over the next 12 months. As of March 31, 2024, the Company had spent approximately US$4.7 million on the share repurchases under this share repurchase program. According to the terms of the 2024 Share Repurchase Program, share repurchases may be conducted through various legally permissible means, including open market purchases at prevailing prices and algorithmic trading, privately neg
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News
- Xunlei (NASDAQ:XNET) Is Looking To Continue Growing Its Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Xunlei Announces US$20 Million Share Repurchase ProgramGlobeNewswire
- Xunlei Limited (NASDAQ: XNET) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Xunlei First Quarter 2024 Earnings: EPS: US$0.056 (vs US$0.017 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Xunlei Limited (NASDAQ: XNET) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
XNET
Sec Filings
- 6/4/24 - Form 6-K
- 5/16/24 - Form 6-K
- 4/30/24 - Form 6-K
- XNET's page on the SEC website