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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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Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, amid the ongoing trade concerns following US President Donald Trump's latest comments on tariffs. Trump said he will be announcing new tariffs on semiconductors and chips as well as up to 250 percent on pharmaceuticals imported into the U.S.
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26 dakika önce
Sensex, Nifty Likely To Open On Flat Note On Tariff Worries
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Lower Open Called For Thai Stock Market
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1s 31 dakika önce
Japanese Market Slightly Higher
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Indonesia Stock Market May Open In The Red On Wednesday
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2s 1 dakika önce
Australian Market Notably Higher
Australian shares are trading notably higher on Wednesday, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,800 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
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2s 14 dakika önce
Hong Kong Shares Due For Consolidation On Wednesday
The Hong Kong stock market has moved higher in consecutive trading days, advancing almost 400 points or 1.7 percent along the way. The Hang Seng Index now rests just above the 24,900-point plateau although investors may lock in gains on Wednesday.
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2s 16 dakika önce
Rally May Stall For China Stock Market
The China stock market has tracked higher in consecutive trading days, gathering almost 60 points or 1.7 percent along the way. The Shanghai Composite Index now sits just shy of the 3,620-point plateau although it may spin its wheels on Wednesday.
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2s 31 dakika önce
