ECARX Holdings (ECX) Announces Upsizing and Extension of Share Repurchase Program

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Go back to ECARX Holdings (ECX) Announces Upsizing and Extension of Share Repurchase Program

ECARX Announces Upsizing and Extension of Share Repurchase Program

April 8, 2025 7:00 AM EDT

SHANGHAI, April 08, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) (ECARX or the Company), a global mobility tech provider, today announced that the Companys board of directors has approved an additional US$20 million in share repurchase authorization under the share repurchase program adopted on December 20, 2024 as well as an extension to its term. This approval brings the total repurchase authorization under the program to $40 million and its term is now extended to March 31, 2026.

About ECARX

ECARX (Nasdaq: ECX) is a global automotive technology... More