Viomi Technology Spent US$3.8M on 2.4M ADS Buybacks, US$16.2M Remaining
VIOT•
VIOT•Viomi Technology has repurchased 2.4 million American depositary shares for US$3.8 million under its US$20 million buyback plan, leaving US$16.2 million available through December 2027. The program, approved in October 2025, is funded from existing cash reserves as management seeks to enhance shareholder value.
On October 24, 2025, Viomi Technology’s board authorized a US$20 million share repurchase program for its American depositary shares, running through December 31, 2027.
As of June 30, 2026, the company has repurchased approximately 2.4 million ADSs at a total cost of US$3.8 million, representing 19% of the authorized amount.
Following these transactions, about US$16.2 million remains available under the buyback plan for future share purchases.
Repurchases have been funded from existing cash reserves, reflecting management’s commitment to leveraging excess liquidity to generate shareholder value and support the stock.