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home / news releases / TUYA - Tuya announces $50M stock buyback program

TUYA - Tuya announces $50M stock buyback program

Tuya Inc. American Depositary Shares each representing one Class A
  • Tuya ( NYSE: TUYA ) on Wednesday announced a share repurchase program of up to $50M of its class A shares, including in the form of American depositary shares.
  • The buyback program will start on Nov. 9 and end when a new repurchase program is authorized by the board.
  • Tuya ( TUYA ) may adjust, suspend or discontinue the program.
  • Repurchases will be funded with the firm's existing cash balance.
  • The company last week received an NYSE non-compliance notice regarding the trading price of its ADSs .

For further details see:

Tuya announces $50M stock buyback program
Stock Information
Company Name: Tuya Inc. American Depositary Shares each representing one Class A
Stock Symbol: TUYA
Market: NYSE
Website: tuya.com
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