Canaan Technology Announces $30 million Share Repurchase Program
2025-12-17 14:12:33
Nasdaq-listed bitcoin miner Canaan Technology announced that its board of directors has approved a new share repurchase program that allows the company to repurchase $30 million of outstanding American depositary shares (ADS), each representing 15 Class A common shares, over the next 12 months. Canaan Technology has also previously launched a share repurchase program, which has expired and has repurchased 6,586,413 American depositary shares (ADS), totaling approximately $4.90 million.
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