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Despite Delivering Investors Losses of 89% Over the Past 5 Years, RLX Technology (NYSE:RLX) Has Been Growing Its Earnings
Overnight U.S. Stocks | Divergence in Risk Asset Performance, Major Indices Slightly Lower, Bitcoin Breaks Through $95,000 Mark
At the close, the Dow Jones Industrial Average fell by 398.21 points, or 0.80%, to 49,191.99 points; the Nasdaq Composite Index dropped by 24.03 points, or 0.10%, to 23,709.87 points; and the S&P 500 Index declined by 13.56 points, or 0.19%, to 6,963.71 points.
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RLX Technology announces a 24-month extension of its stock repurchase program.
On Wednesday, RELX Technology announced that its board of directors had approved a 24-month extension to the existing share repurchase program, extending it to December 31, 2027. The existing share repurchase program was initially established in December 2021 and was extended in December 2023. Under the existing share repurchase program, the company is authorized to repurchase up to $500 million worth of ordinary shares represented by American Depositary Shares (ADS) before December 31, 2025. As of December 31, 2025, the company has cumulatively repurchased approximately 170 million ordinary shares represented by ADS, with a total value of approximately $330 million, leaving an unused quota of approximately
RLX Technology Extends US$500 Million Share Repurchase Program
Express News | State Tobacco Monopoly Administration: Prevent and resolve the risk of overcapacity in the e-cigarette industry, gradually phase out outdated production lines, and reduce corresponding capacity.