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RLX Technology Extends $500M Share Repurchase Program For An Additional 24-Month Period Through December 31, 2025

Author: Benzinga Newsdesk | December 29, 2023 05:32am

RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE:RLX), a leading global branded e-vapor company, today announced that its board of directors has authorized the extension of its existing share repurchase program established in December 2021 for an additional 24-month period through December 31, 2025. Under the existing share repurchase program, the Company may repurchase up to US$500 million of its ordinary shares represented by ADSs until December 31, 2023. As of December 28, 2023, the Company had repurchased approximately US$193.5 million of its ordinary shares represented by ADSs. 

Posted In: RLX


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