Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Baozun Plans $50M Share Repurchase Program

Baozun Inc (NASDAQ:BZUN) announced its board of directors had authorized a new share repurchase program to repurchase up to $50 million…
byShivani Kumaresan
November 30, 2021
1 minute read
Total
0
Shares
0
0
0
0
0
0
  • Baozun Inc (NASDAQ:BZUN) announced its board of directors had authorized a new share repurchase program to repurchase up to $50 million of its outstanding American Depositary Shares and Class A ordinary shares.
  • The buyback will take place over the next 12 months, starting from November 30, 2021.
  • The company said it has already completed its $125 million share repurchase program announced on May 18, 2021.
  • Baozun held $427 million in cash and equivalents as of September 30, 2021.
  • Price Action: BZUN shares are trading lower by 8.22% at $13.62 in premarket on the last check Tuesday.
 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts