DAQO New Energy Corp., a leading manufacturer of high-purity polysilicon, has announced a $100 million share repurchase program. The authorization allows the company to buy back its issued and outstanding ordinary shares or American depositary shares through various methods, including open-market purchases and negotiated transactions. The company plans to fund the repurchase primarily from its existing cash balance. The program is set to continue until December 31, 2026, with the board of directors periodically reviewing its terms and size.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DAQO New Energy Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN59128) on August 26, 2025, and is solely responsible for the information contained therein.