Smart Share Global Ltd. (EM) Announces $50M Stock Buyback
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Smart Share Global Limited Announces Share Repurchase Program
September 28, 2021 7:00 AM EDTSHANGHAI, China, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Energy Monster or the Company), a consumer tech company providing mobile device charging service, today announced that its board of directors (Board) has authorized a share repurchase plan under which the Company may repurchase up to US$50 million of its shares over the next 12 months (the Share Repurchase Program).
The Company's proposed repurchases may be made from time to time through open market transactions at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on the market conditions... More
