Daqo New Energy Provides Update on Share Repurchase Program
DQDaqo New Energy(DQ) Prnewswire·2024-01-11 18:45

SHANGHAI, Jan. 11, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today provided an update on its US700millionsharerepurchaseprogramapprovedin2022andeffectivefromNovember7,2022toDecember31,2023.Bytheendof2023,theCompanyhadrepurchased14.55millionADSs(representing72.75millionordinaryshares)atanaveragepriceof700 million share repurchase program approved in 2022 and effective from November 7, 2022 to December 31, 2023. By the end of 2023, the Company had repurchased 14.55 million ADSs (representing 72.75 million ordinary shares) at an average price of 33.71 per ADS for a total of ...