LIZHI (LIZI) Announces $3M Share Buyback
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LIZHI Announces $3 Million Share Repurchase Program
December 13, 2023 5:45 AM ESTGUANGZHOU, China, Dec. 13, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. (LIZHI or the Company or We) (NASDAQ: LIZI), an audio-based social and entertainment platform, today announced that its board of directors (the Board) has approved a share repurchase program whereby LIZHI is authorized to repurchase its Class A ordinary shares (including Class A ordinary shares in the form of American depositary shares) with an aggregate value of up to $3 million over the next 12-month period, starting from today.
Mr. Jinnan (Marco) Lai, founder, CEO and Chairman of the Board of LIZHI, said, The share... More
