BuybackJul 1, 2026, 07:56 AM
Viomi Repurchases $3.8M ADSs; $16.2M Remains in Buyback Program
AI Summary
Viomi Technology Co., Ltd. announced an update on its share repurchase program. As of June 30, 2026, the company had repurchased approximately 2.4 million American depositary shares (ADSs) for a total of $3.8 million. This leaves $16.2 million available under the program, which was originally authorized for up to $20 million and runs until December 31, 2027. The repurchases were funded by existing cash reserves, and management remains committed to the program to enhance shareholder value.
Key Highlights
- Viomi provided an update on its share repurchase program.
- Approximately 2.4 million ADSs were repurchased as of June 30, 2026.
- A total of $3.8 million has been spent on repurchases.
- $16.2 million remains available for future buybacks.
- The program was originally authorized for up to $20 million.
- The share repurchase program is set to end on December 31, 2027.
- Repurchases were funded by the company's existing cash reserves.
Price Impact
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