DouYu International Holdings Ltd
For the period ended Sep 12, 2024. Filed Sep 12, 2024.
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Sep 12, 2024 · Filed Sep 12, 2024
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EX-99.1 · Updates of Share Repurchase Program
Updates of Share Repurchase Program
On December 28, 2023, the Company announced that its board of directors had authorized a share repurchase program under which the Company may repurchase up to US$20 million of its ordinary shares in the form of ADSs during a period of up to 12 months commencing on January 1, 2024. As of June 30, 2024, the Company had repurchased an aggregate of US$11.2 million of its ADSs in the open market under this program. The allotment of US$20 million was used in full by July 18, 2024.
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