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home / news releases / CANG - Cango announces $50M share buyback plan


CANG - Cango announces $50M share buyback plan

Cango's (CANG) board has authorized a share repurchase program of up to $50M worth of its outstanding (i) ADS, each representing two Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from the effective date of the share repurchase program.The Effective Date will be two trading days after the Company issues its earnings release for the Q4'20.The Company to issue earnings release on or about March 12, 2021.Shares +16.5% YTD.

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Cango announces $50M share buyback plan
Stock Information

Company Name: Cango Inc. American Depositary Shares each representing two Class A
Stock Symbol: CANG
Market: NYSE
Website: cangoonline.com

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