- Kandi Technologies Group Inc (NASDAQ:KNDI) announced that its Board of Directors had authorized the repurchase of up to $20 million of common stock.
- Kandi expects to commence the repurchase plan on December 10, 2021, and conclude by the end of 2022.
- Kandi held $211 million in cash and equivalents as of September 30, 2021.
- Price Action: KNDI shares are trading higher by 8.08% at $3.61 on the last check Monday.
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