• 103
  • 11
  • 2

RLX Technology announces US$500 million share repurchase program

Tiger Newspress2021-12-08

RLX Technology stock jumped 8% in premarket trading after it announced US$500 million share repurchase program.

RLX Technology Inc. today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up toUS$500 millionof its shares over a period untilDecember 31, 2023.

The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Company's board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The Company expects to fund the repurchases out of its existing cash balance.

About RLX Technology Inc.

RLX Technology Inc. is a leading branded e-vapor company in China. The Company leverages its strong in-house technology and product development capabilities and in-depth insights into adult smokers' needs to develop superior e-vapor products. RLX Technology Inc. sells its products through an integrated offline distribution and "branded store plus" retail model tailored toChina'se-vapor market.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

举报

评论11

  • EdwinAng
    ·2021-12-08
    Is this good or bad for the stock ?
    回复
    举报
  • HolyAura
    ·2021-12-08
    I think we going to see $5 soon 
    回复
    举报
  • NPC69
    ·2021-12-08
    K
    回复
    举报
    收起
  • Doonaldddd
    ·2021-12-08
    Ok
    回复
    举报
  • lwl141
    ·2021-12-08
    Good sign
    回复
    举报
    收起
  • KLS
    ·2021-12-08
    Buy
    回复
    举报
  • wanyy
    ·2021-12-08
    Lol poo on n. Bbm u? Ş
    回复
    举报
  • Jackyjw
    ·2021-12-08
    Ok
    回复
    举报
  • Fiona888
    ·2021-12-08
    Ok
    回复
    举报
    收起
    • ISSEY1413
      yes yes
      2021-12-08
      回复
      举报
    • Fiona888
      yes
      2021-12-08
      回复
      举报
  • MinkyHuat
    ·2021-12-08
    Is this stock legit? 
    回复
    举报
    收起
    • ISSEY1413
      u are not legit
      2021-12-08
      回复
      举报
  • Pennyboy
    ·2021-12-08
    Like pls
    回复
    举报
    收起
    • DL97
      Likezz
      2021-12-09
      回复
      举报
 
 
 
 

热议股票

 
 
 
 
 

7x24