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WKN DE: A3EVJF / ISIN: US53933L2034
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09.06.2025 13:10:55
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Sound Group Launches $4 Mln Share Repurchase Program, Stock Up In Pre-market
(RTTNews) - Sound Group Inc. (SOGP), an audio-centric social and entertainment company, on Monday announced that its Board has authorised a share repurchase program of its Class A ordinary shares of up to $4 million. Share buyback will start from today.
The company plans to fund the repurchases out of its existing cash balance or future cash generated by operating activities.
In the pre-market trading, Sound Group is 53.85% higher at $2.0400 on the Nasdaq.
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