Workflow
Emeren Group's Board of Directors Approves an Accelerated Stock Repurchase Program up to $10 million
SOLEmeren(SOL) Prnewswire·2024-02-12 11:00

STAMFORD, Conn., Feb. 12, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced that its Board of Directors has approved an accelerated stock repurchase (ASR) program of up to 10millionandcouldbecompletedbytheendofMarch2024.ThisASRisincrementaltothe10 million and could be completed by the end of March 2024. This ASR is incremental to the 11 million remaining authorization in Emeren's buyback program at the end of Q3 2023. Yumin Liu, CEO of Emeren Group, stat ...