Smart Share Global Plans $50M Share Buyback Program


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  • Chinese consumer tech company Smart Share Global Ltd's (NASDAQ:EMboard of directors has authorized a share repurchase plan for up to $50 million of its shares over the next 12 months.
  • The company expects to fund the repurchases under this program with its existing cash balance.
  • Smart Share held $476.1 million in cash and equivalents as of June 30, 2021.
  • Price Action: EM shares are trading lower by 0.37% at $2.69 on the last check Tuesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsPenny StocksBuybacksSmall CapBriefs