Huya Inc. (HUYA), a game live-streaming platform in China, Friday announced the repurchase of approximately $1.1 million worth of its ADSs on March 20.
Under the repurchase programs, the company would buy back up to $100 million of its shares or ADSs until March 31, 2026.
According to Acting Co-CEO, CFO Raymond Peng Lei, the decision was taken after the recent stock price changes.
In the pre-market trading, HUYA is 3.70% higher at $3.32 on the Nasdaq.
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