Canaan Inc. Announces Open Market Share Purchases by Chief Executive Officer and Chief Financial Officer
Canaan Inc. announced that Chairman and CEO Nangeng Zhang and CFO Jin "James" Cheng acquired a total of 1,065,000 American Depositary Shares in the open market at an average price of $0.35 per share. Management stated that the purchases reinforce their alignment of interests with shareholders and reflect confidence in the company's long-term strategy.
Key figures
- Shares purchased
- 1065000
- Average purchase price
- 0.35
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