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Daqo New Energy Repurchased $301.7 Mln Under Its $700 Mln Share Repurchase Program
(RTTNews) - Daqo New Energy Corp. (DQ), a manufacturer of high-purity polysilicon for the global solar PV industry, on Tuesday provided an update on its $700 million share repurchase program that was announced on November 7, 2022.
As of today, approximately 43.1% of the authorized repurchase amount under the program has been executed through repurchases by an intermediary in the open market at prevailing prices or in privately negotiated transactions.
The Company has repurchased 7.28 million ADSs for approximately $301.7 million under the current program, at an average cost of $41.42 per ADS.
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Indonesia Bourse May Run Out Of Steam On Wednesday
The Indonesia stock market has moved higher in six straight sessions, advancing more than 320 points or 4.3 percent in that span. The Jakarta Composite Index now rests just beneath the 7,960-point plateau although the rally may stall on Wednesday.
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12 분 전
Japanese Market Slightly Lower
The Japanese stock market is trading slightly lower on Wednesday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 44,850 level, with weakness in index heavyweights, exporters and financial stocks partially offset by gains in technology stocks.
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13 분 전
Losses May Accelerate For Hong Kong Stock Market
The Hong Kong stock market on Tuesday snapped the two-day winning streak in which it had jumped more than 360 points or 1.4 percent. The Hang Seng Index now sits just beneath the 26,440-point plateau and it may extend its losses on Wednesday.
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27 분 전
Australian Market Modestly Lower
Australian shares are trading modestly lower on Wednesday, reversing the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 8,850 level, following the broadly negative cues from Wall Street overnight, with weakness in mining, financial and technology stocks partially offset by gains in energy stocks.
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39 분 전
Soft Start Anticipated For China Stock Market
The China stock market on Tuesday ended the two-day slide in which it had fallen almost 15 points or 0.4 percent. The Shanghai Composite Index now sits just above the 3,860-point plateau although it's likely to open in the red again on Wednesday.
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42 분 전
Taiwan Shares May Head South Again On Wednesday
The Taiwan stock market bounced higher again on Tuesday, one day after ending the eight-day winning streak in which it had surged more than 1,450 points or 5.8 percent. The Taiwan Stock Exchange now sits just beneath the 25,630-point plateau although it may hand back those gains on Wednesday.
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1 시간 12 분 전
Singapore Bourse May Extend Losing Streak
The Singapore stock market has moved lower in three straight sessions, slumping more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just beneath the 4,340-point plateau and it may take further damage on Wednesday.
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1 시간 43 분 전
Malaysia Shares May See Renewed Consolidation
Ahead of the long weekend for Malaysia Day, the Malaysia stock market had bounced higher again on Friday, one day after halting the three-day winning streak in which it had collected more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may head south again on Wednesday.
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2 시간 13 분 전
