The9 Ltd. (NCTY) Done with One-Third of $10M Buyback Program

March 13, 2013 6:31 AM EDT
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The9 Limited (Nasdaq: NCTY) has repurchased 1,338,053 American Depositary Shares for an aggregate consideration of approximately US$3.8 million under its US$10 million repurchase program announced in December 2012. The repurchased shares account for approximately 6% of the Company's outstanding ordinary shares. The Company will continue to repurchase under its US$10 million repurchase program.

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