Kingsoft cloud announces us$100 million share repurchase program plan

Beijing, china, march 31, 2022 (globe newswire) -- kingsoft cloud holdings limited (“we,” “kingsoft cloud” or the “company”) (nasdaq: kc), a leading independent cloud service provider in china, today announced that its board of directors has authorized the company to adopt a share repurchase program under which the company may repurchase up to us$100 million of its ordinary shares in the form of american depositary shares (“adss”) during a twelve-month period (the “share repurchase program”).
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