Bon Natural Life (BON) Announces $1M Share Buyback

Bon Natural Life Limited (Nasdaq: BON) (“BON” or the “Company”), a leading bio-ingredient solution provider in the natural, health and personal care industry, today announced its board of directors approved a share repurchase program pursuant to which the Company may purchase up to $1.0 million of its Class A ordinary shares.

Under the share repurchase program, the Company is authorized to repurchase its shares from time to time in the open market. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, market conditions and other corporate liquidity requirements and priorities. The share repurchase program does not obligate the Company to purchase any particular number of shares and may be suspended, modified, or discontinued at any time.

The Company has appointed TradeUp Securities as its exclusive agent to purchase securities pursuant to the terms of a Purchase Plan Agreement.

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