On August 26th, Santech Holdings, a Chinese consumer technology company, rose 21.6% pre-market. In terms of news, the company's board of directors has authorized a new buyback plan. According to this plan, the company will repurchase up to $5 million worth of American Depositary Shares (ADS) within the next 12 months, starting from August 26, 2024. Each ADS represents two ordinary shares.
美股异动丨Santech Holdings盘前涨超21% 宣布500万美元回购计划
US stocks are abnormal | Santech Holdings rose more than 21% before the market, announcing a $5 million buyback plan.
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