Tianyan Pharmaceutical announced the total value of up to 10 million US dollars to repurchase plan

Author:Capital state Time:2022.06.30

On June 30, Capital State learned that the US listed company Tianyan Pharmaceutical (Adag.us) announced that the board of directors had authorized a stock repurchase plan to follow the plan.ADS) The total repurchase of US deposits with a total value of up to 10 million US dollars.

According to the 2022 stock repurchase plan, the company's repurchase will be operated on the open market at the open market, through open market transactions, or through private negotiation transactions or community transactions and/or other methods allowed by law.Market conditions are comply with applicable rules and regulations.

The company's board of directors will regularly review the 2022 stock repurchase plan, and may authorize to adjust its terms and scale, or suspend or terminate the plan.The company expects to use its existing cash to provide funds for repurchase based on the plan.

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