Dingdong announces us$30.0 million share repurchase program

Shanghai, dec. 20, 2021 /prnewswire/ -- dingdong (cayman) limited ("dingdong" or the "company") (nyse: ddl), a leading and the fastest growing on-demand e-commerce company in china, today announced that its board of directors has authorized a share repurchase program under which the company may repurchase up to us$30.0 million of its shares over a period until december 19, 2022. the company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations.
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