- Cloud-based communications solution provider Cloopen Group Holding Ltd’s (NYSE:RAAS) board approved a share repurchase program of up to $40 million of its Class A ordinary shares in the form of ADSs during twelve months commencing on September 28.
- The company plans to fund the repurchases from its existing cash balance.
- Cloopen held $416 million in cash and equivalents as of June 30.
- Price Action: RAAS shares traded higher by 2.34% at $4.38 in the premarket session on the last check Tuesday.
Recap: HBT Financial Q2 Earnings
Shares of HBT Financial (NASDAQ:HBT) fell 0.1% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 66.67% year over year to $0.50, which beat the estimate of $0.45.
