Xunlei (XNET) Approves $20M Common Stock Buyback Plan; co-Founder Cheng Resigns
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Xunlei Announces New Share Repurchase Program and Resignation of Senior Management Member
January 27, 2016 7:43 AM ESTSHENZHEN, China, Jan. 27, 2016 (GLOBE NEWSWIRE) -- Xunlei Limited (Xunlei or the Company) (Nasdaq: XNET), Chinas leading provider of acceleration products and services, today announced the adoption of a new share repurchase program of up to US$20 million and the resignation of a senior management member.
New Share Repurchase Program
The Board of Directors of the Company (the Board) authorized a new share repurchase program under which the Company may repurchase up to US$20 million worth of its shares... More
