CBAK Energy Technology Inc. Announces $20 Million Share Buyback Program

Reuters

22 May

CBAK Energy Technology Inc. Announces $20 Million Share Buyback Program

DALIAN, China, May 22, 2025 (GLOBE NEWSWIRE) -- CBAK Energy Technology, Inc. $(CBAT)$ announced the launch of a share buyback program authorizing the repurchase of up to $20 million in common stock over the next 12 months. This initiative aims to return value to shareholders and support the company's efforts to comply with Nasdaq's minimum bid price requirement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBAK Energy Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9456333-en) on May 22, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces $20 Million Share Buyback Program\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-22 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      CBAK Energy Technology Inc. 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