BLOKS plans to repurchase company shares

Zhitong
2025.08.26 14:40
portai
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The board of BLOKS plans to repurchase company shares from the date of the announcement until December 31, 2025, with funds sourced from existing cash reserves and free cash flow. The repurchased shares will be used for employee equity incentives. According to the resolution passed at the annual general meeting of shareholders on June 6, 2025, the board is authorized to repurchase up to 10% of the total issued shares (i.e., no more than 24.925 million shares)