Cytek® Biosciences (CTKB) Announces $50M Share Buyback

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Cytek Biosciences Announces $50 Million Stock Repurchase Program

May 19, 2023 9:00 AM EDT

FREMONT, Calif., May 19, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced that its Board of Directors has approved the repurchase of up to an aggregate of $50 million of its common stock, subject to compliance with applicable law. The Companys common stock is listed on The Nasdaq Global Select Market under the symbol CTKB. The repurchase program will continue until the end of the fiscal year unless extended or shortened by the Board of Directors.

Any repurchases would be made... More