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home / news releases / XNET - Xunlei board approves $20M share repurchase program

XNET - Xunlei board approves $20M share repurchase program

Xunlei Limited

2023-06-06 08:25:03 ET

  • Cloud computing and blockchain technology company Xunlei ( NASDAQ: XNET ) said on Tuesday that its board approved an up to $20M share repurchase program.
  • The current share repurchase program is different from the $20M program announced in March 2022, under which the company had spent ~$7.9M on repurchases.
  • The company said the board will review the current share repurchase program periodically, and adjust its size and terms if necessary.
  • XNET shares were trading +4.44% pre-market.
  • Source: Press Release

For further details see:

Xunlei board approves $20M share repurchase program
Stock Information
Company Name: Xunlei Limited
Stock Symbol: XNET
Market: NASDAQ
Website: xunlei.com
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