Sound Group Declares Cancellation of Acquired Shares
Share Repurchase Program Completion: Sound Group Inc. has successfully completed the cancellation of 951,252 American depositary shares (ADSs) under its US$4 million share repurchase program, enhancing earnings per share and reducing the number of outstanding shares.
Commitment to Shareholder Value: CEO Marco Lai emphasized the company's dedication to delivering shareholder value and confidence in its long-term growth prospects, while also announcing the completion of both the share repurchase and cash dividend programs.
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Sound Group Declares Cancellation of Acquired Shares
Share Repurchase Program Completion: Sound Group Inc. has successfully completed the cancellation of 951,252 American depositary shares (ADSs) under its US$4 million share repurchase program, enhancing earnings per share and reducing the number of outstanding shares.
Commitment to Shareholder Value: CEO Marco Lai emphasized the company's dedication to delivering shareholder value and confidence in its long-term growth prospects, while also announcing the completion of both the share repurchase and cash dividend programs.
