Core Viewpoint - Aurora Mobile Limited has announced a new share repurchase program, reflecting confidence in its business model and stock valuation [2][3]. Company Overview - Aurora Mobile, founded in 2011, is a leading provider of customer engagement and marketing technology services in China, focusing on stable and efficient messaging services [4]. - The company has developed solutions such as Cloud Messaging and Cloud Marketing to enhance customer reach and interaction, alongside AI and big data-driven marketing technology for digital transformation [4]. Share Repurchase Program - The board of directors has approved a program allowing the repurchase of up to US$10 million worth of ordinary shares until December 31, 2026 [2]. - Repurchases may occur on the open market, in privately negotiated transactions, or through other legally permissible means, depending on market conditions [3]. - The program is seen as a commitment to shareholders, with the company viewing its stock as substantially undervalued [3].
Aurora Mobile Announces Up to US$10 Million Share Repurchase Program