Daqo new energy provides update on share repurchase program

Shanghai, jan. 11, 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 provided an update on its us$700 million share repurchase program approved in 2022 and effective from november 7, 2022 to december 31, 2023. by the end of 2023, the company had repurchased 14.55 million adss (representing 72.75 million ordinary shares) at an average price of $33.71 per ads for a total of approximately $491 million, representing approximately 70.1% of the us$700 million maximum amount of the share repurchase program.
DQ Ratings Summary
DQ Quant Ranking