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Daqo New Energy (DQ) Unveils $100M Share Repurchase Program
DQDaqo New Energy(DQ) ZACKS·2024-07-24 16:06

Daqo New Energy Corp. (DQ) , a leading producer of high-purity polysilicon for the global solar PV industry, recently announced the approval of a 100millionsharerepurchaseprogrambyitsboardofdirectors.ThisprogramwillbeeffectivethroughJun30,2025.Underthisauthorization,DaqoNewEnergycanrepurchaseupto100-million share repurchase program by its board of directors. This program will be effective through Jun 30, 2025.Under this authorization, Daqo New Energy can repurchase up to 100 million of its outstanding ordinary or American depositary shares (ADSs) through open-market purchases, negotiated off-market transactions, block trades or other legally permissible ...