Yalla Group Ltd
For the period ended May 21, 2024. Filed May 21, 2024.
View on SEC.govAbout this filing
What a company based outside the US has published at home or sent to its shareholders. It is how many foreign companies share results and news between annual reports.
May 21, 2024 · Filed May 21, 2024
Use the contents to explore the available documents and sections.
Contents
EX-99.1 · Extension of the Share Repurchase Program
Extension of the Share Repurchase Program
Pursuant to the Company’s share repurchase program beginning on May 21, 2021 with an extended expiration date of May 21, 2024, the Company had completed cash repurchases in the open market of 3,972,876 American depositary shares (“ADSs”), representing 3,972,876 Class A ordinary shares, for an aggregate amount of approximately US$35.5 million, as of March 31, 2024. The aggregate value of ADSs and/or Class A ordinary shares that remain available for purchase under the current share repurchase program was US$114.5 million as of March 31, 2024. On May 16, 2024, the Company’s board of directors approved an extension of the expiration date of the share repurchase program to May 21, 2025.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.