Key Developments: The9 Ltd (NCTY.O)
3.20USD
3:59pm EDT
$-0.04 (-1.23%)
$3.19
$3.24
$3.34
$3.16
28,815
63,885
$6.30
$2.40
Latest Key Developments (Source: Significant Developments)
The9 Ltd Announces USD10 Million Share Repurchase Program
The9 Ltd announced that the Board of Directors has authorized a share repurchase program under which the Company may purchase up to USD10 million of American Depositary Shares over the next 12 months. The Company may make repurchases in the open market and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the 1934 Act). The program will be conducted in compliance with Rule 10b-18 of the 1934 Act and other applicable legal requirements. The program may be modified or suspended at any time at the Company's discretion. Full Article
The9 Limited Announces USD25 Million Share Repurchase Program
The9 Limited announced that its Board of Directors has approved a share repurchase program to purchase up to USD25 million of its American Depositary Shares over the next 12 months. The9 may make repurchases in the open market and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the 1934 Act). The program will be conducted in compliance with Rule 10b-18 of the 1934 Act and other applicable legal requirements. The program may be modified or suspended at any time at the Company's discretion. Full Article

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