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ATRenew Announces Upsizing Share Repurchase Program To $50M (Prior $20M) And Extending The Effective Term To June 27, 2025

Author: Benzinga Newsdesk | June 21, 2024 05:02am

ATRenew Inc. ("ATRenew" or the "Company") (NYSE:RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced that the Company's board of directors has approved modifications to the size and term of its existing share repurchase program adopted in March 2024, increasing the aggregate value of shares that may be repurchased from US$20 million to US$50 million and extending the effective term to June 27, 2025.

Posted In: RERE