DouYu International Holdings Limited announces an Equity Buyback for $100 million worth of its shares.
August 30, 2021 at 11:16 am
DouYu International Holdings Limited (NasdaqGS:DOYU) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its ordinary shares in the form of American depositary shares. The company expects to utilize its existing funds to fund repurchases made under this program. The repurchase program will be valid for 12 months.