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On February 12, 2024, Emeren Group Ltd, a leading global solar project developer, announced the approval of an accelerated stock repurchase (ASR) program by its Board of Directors. The ASR program is set to repurchase up to $10 million worth of shares and is expected to be completed by the end of March 2024. This initiative is in addition to the existing $11 million authorization remaining from Emeren's buyback program as of the end of the third quarter in 2023. CEO Yumin Liu expressed the Board's confidence in the company's future growth and its commitment to delivering shareholder value. Emeren Group, listed on the New York Stock Exchange under the symbol SOL, has a significant pipeline of solar projects and IPP assets totaling over 3 GW, as well as a storage pipeline of over 10 GWh across various regions. The company emphasizes maintaining a lean cost structure and achieving sustainable profitability while capitalizing on its extensive project pipeline.
On February 12, 2024, Emeren Group Ltd, a leading global solar project developer, announced the approval of an accelerated stock repurchase (ASR) program by its Board of Directors. The ASR program is set to repurchase up to $10 million worth of shares and is expected to be completed by the end of March 2024. This initiative is in addition to the existing $11 million authorization remaining from Emeren's buyback program as of the end of the third quarter in 2023. CEO Yumin Liu expressed the Board's confidence in the company's future growth and its commitment to delivering shareholder value. Emeren Group, listed on the New York Stock Exchange under the symbol SOL, has a significant pipeline of solar projects and IPP assets totaling over 3 GW, as well as a storage pipeline of over 10 GWh across various regions. The company emphasizes maintaining a lean cost structure and achieving sustainable profitability while capitalizing on its extensive project pipeline.
2024 年 2 月 12 日，全球领先的太阳能项目开发商 Emeren Group Ltd 宣布其董事会批准加速股票回购 (ASR) 计划。ASR计划将回购价值高达1000万美元的股票，预计将于2024年3月底完成。该计划是对截至2023年第三季度末Emeren回购计划剩余的1100万美元授权的补充。首席执行官刘玉敏表示，董事会对公司的未来增长充满信心，并承诺为股东创造价值。Emeren集团在纽约证券交易所上市，股票代码为SOL，拥有大量太阳能项目和IPP资产，总额超过3吉瓦，以及遍布各个地区的存储管道超过10 GWh。该公司强调保持精益的成本结构和实现可持续的盈利能力，同时充分利用其庞大的项目管道。
2024 年 2 月 12 日，全球领先的太阳能项目开发商 Emeren Group Ltd 宣布其董事会批准加速股票回购 (ASR) 计划。ASR计划将回购价值高达1000万美元的股票，预计将于2024年3月底完成。该计划是对截至2023年第三季度末Emeren回购计划剩余的1100万美元授权的补充。首席执行官刘玉敏表示，董事会对公司的未来增长充满信心，并承诺为股东创造价值。Emeren集团在纽约证券交易所上市，股票代码为SOL，拥有大量太阳能项目和IPP资产，总额超过3吉瓦，以及遍布各个地区的存储管道超过10 GWh。该公司强调保持精益的成本结构和实现可持续的盈利能力，同时充分利用其庞大的项目管道。
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