Summary by Futu AI
SHAH CAPITAL MANAGEMENT, acting as Chairman of Emeren Group Ltd [SOL], completed a series of stock purchases on September 3 and 4, 2024. The transactions involved the acquisition of American Depositary Shares, a form of Common Stock. On the first day, 26,843 shares were bought at a price of $1.83 each. The following day, an additional 43,351 shares were acquired at $1.85 per share. These open market purchases resulted in a total of 70,194 shares added to SHAH CAPITAL MANAGEMENT's holdings, bringing the total number of shares beneficially owned to 18,698,502. The transactions were conducted directly and are part of the Chairman's investment in the company.