Lotus Technology Inc. has entered into a share buyback agreement with Meritz Securities Co., Ltd. to repurchase 32,500,000 American depository shares (ADSs) for a total purchase price of approximately $387.37 million. The transaction is set to be finalized on or about September 5, 2025, with the settlement to be funded by proceeds from the sale of U.S. treasury bonds and additional cash if necessary.
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. Lotus Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-085635), on August 29, 2025, and is solely responsible for the information contained therein.