Canaan Inc. (CAN) Announces Up to $30M Share Repurchase Program

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Go back to Canaan Inc. (CAN) Announces Up to $30M Share Repurchase Program

Canaan Inc. Announces Up to US$30 Million Share Repurchase Program

May 27, 2025 6:00 AM EDT

SINGAPORE, May 27, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its board of directors (the "Board") has authorized a share repurchase program under which the Company may repurchase up to US$30 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing 15 Class... More