Xunlei (XNET) Announces $20M Share Buyback
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Xunlei Announces $20 million Share Repurchase Program
June 6, 2023 8:01 AM EDTSHENZHEN, China, June 06, 2023 (GLOBE NEWSWIRE) -- Xunlei Limited (Xunlei or the Company) (Nasdaq: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced that the board of directors of the Company (the Board) has approved a new share repurchase program under which the Company may repurchase up to US$20 million of its shares over the next 12 months (the 2023 Share Repurchase Program). The Board will review the 2023 Share Repurchase Program periodically and, if necessary, adjust its size and terms as necessary.
In March 2022, Xunlei announced that the Board... More
