Daqo new energy announces $100 million share repurchase program

Shanghai , july 22, 2024 /prnewswire/ -- daqo new energy corp. (nyse: dq) ("daqo new energy," the "company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar pv industry, today announced that its board of directors has approved a us$100 million share repurchase program, effective today through june 30, 2025. the board of directors has authorized daqo new energy to repurchase up to us$100 million worth of its own issued and outstanding ordinary shares or american depositary shares ("adss") representing ordinary shares in open-market purchases, in negotiated transactions off the market, in block trades or through other legally permissible means in accordance with applicable united states securities laws.
DQ Ratings Summary
DQ Quant Ranking