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BNR - Burning Rock Biotech announces $10M stock buyback plan
Burning Rock Biotech Limited
Burning Rock Biotech (NASDAQ:BNR) has announced a share repurchase plan to buyback Class A ordinary shares in the form of American depositary shares (ADSs) with an aggregate value of up to $10M. The repurchases will be funded from existing cash balance. The program will run for a year. BNR shares are up 2% pre-market, but have fallen ~81% YTD