UCLOUDLINK GROUP INC. Announces US$2,000,000 Share Repurchase Program
uCloudlink’s board of directors authorized a share repurchase program of up to $2 million for its Class A ordinary shares, valid through December 31, 2027. The company plans to fund the repurchases using its existing cash balance, with transactions conducted in the open market or via block trades subject to SEC rules.
Key figures
- Buyback amount
- 2000000
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