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home / news releases / ADAG - Micro-cap Adagene surges after hours on $10M share buyback

ADAG - Micro-cap Adagene surges after hours on $10M share buyback

Adagene Inc.
  • Adagene ( NASDAQ: ADAG ) on Wednesday authorized a share buyback of up to $10M of its U.S.-listed shares.
  • The micro-cap company's stock surged ~30% to $2.72 in aftermarket trading.
  • ADAG said it expects to use its existing funds to fund repurchases made under the share buyback program.
  • ADAG stock has tumbled nearly 89% from its IPO price of $19.

For further details see:

Micro-cap Adagene surges after hours on $10M share buyback
Stock Information
Company Name: Adagene Inc.
Stock Symbol: ADAG
Market: NASDAQ
Website: adagene.com
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