By Adriano Marchese
Viomi Technology shares rose in premarket trading Friday after the company announced a $20 million share repurchase plan.
Shares traded 11% higher ahead of the morning bell at $3.12.
The technology company, which focuses on home water solutions in China, said its board approved a new share-buyback plan to repurchase $20 million worth of its American depositary shares.
Under the share repurchase program, Viomi can buy back shares for cancellation from time to time on the open market or in private transactions until Dec.31, 2027.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
October 24, 2025 07:28 ET (11:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.