Nano Labs Ltd Announces Share Buyback Program of Up to $25 Million
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最新报道：According to Bijie.com and ME News, on October 15 (UTC+8), Nano Labs Ltd. (NASDAQ: NA) (the "Company" or "Nano Labs"), a leading provider of Web 3.0 infrastructure and product solutions, today announced that its Board of Directors has approved a share repurchase program. Under the program, the Company may repurchase up to an aggregate of $25 million of its common stock from time to time over the next 12 months, depending on market conditions. Under the repurchase program, the Company may repurchase its common stock in phases through open market transactions, privately negotiated transactions, block trades, or any combination thereof, subject to applicable securities laws and the Company's insider trading policy. The specific amount and timing of repurchases will depend on various factors, including, but not limited to, stock price, trading volume, overall market conditions, the Company's working capital needs, and overall operating performance. The Company's Board of Directors will review the share repurchase program regularly and may authorize adjustments to its terms and/or size as appropriate. (Source: Nano Labs)
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