BuybackJul 1, 2026, 06:31 AM
Viomi Technology Updates Share Buyback: $3.8M Repurchased, $16.2M Remaining
AI Summary
Viomi Technology Co., Ltd provided an update on its share repurchase program. As of June 30, 2026, the company has repurchased 2.4 million American depositary shares (ADSs) for a total of US$3.8 million. This leaves approximately US$16.2 million available under the US$20 million program, which is authorized until December 31, 2027. The repurchases were funded by existing cash reserves, demonstrating management's commitment to shareholder value.
Key Highlights
- Viomi's board authorized a share repurchase program of up to US$20 million on October 24, 2025.
- The program is set to end on December 31, 2027.
- As of June 30, 2026, the company repurchased 2.4 million ADSs.
- Total repurchases amounted to US$3.8 million under the program.
- Approximately US$16.2 million remains available for future buybacks.
- Repurchases have been funded by the Company's existing cash reserves.
Price Impact
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