Canaan Inc. Renews Its US$30 Million Share Buyback Program
Canaan Inc. - American Depositary Shares (CAN)
Company Research
Source: PR Newswire
Renewal demonstrates confidence in the Company's long-term value and strategic progressSINGAPORE, Dec. 17, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its board of directors (the "Board") has authorized a share repurchase program under which the Company may buy back up to US$30 million worth of its outstanding American depositary shares ("ADSs"), each representing 15 Class A ordinary shares, or Class A ordinary shares, over the next 12 months starting December 12, 2025. This initiative underscores the Company's strong financial position, solid operational performance in the third quarter of 2025, and confidence in its ability to create long-term shareholder value.The Company's previously announced share repurchase program of up to US$30 million over a six-month period, beginning May 27, 2025 (the "Previous Program"), had expired. Under the Previous Program, the Company had repurchased 6,586,413 ADSs fo
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CAN
News
- Canaan (NASDAQ:CAN) had its price target lowered by analysts at Benchmark Co. from $4.00 to $2.00. They now have a "buy" rating on the stock.MarketBeat
- Canaan (NASDAQ:CAN) had its "buy" rating reaffirmed by analysts at BTIG Research. They now have a $3.00 price target on the stock.MarketBeat
- Canaan (NASDAQ:CAN) had its "buy" rating reaffirmed by analysts at HC Wainwright.MarketBeat
- Canaan Inc (CAN) Q4 2025 Earnings Call Highlights: Record Revenue Amid Market Challenges [Yahoo! Finance]Yahoo! Finance
- Canaan Inc. Provides January 2026 Bitcoin Production and Mining Operation UpdatesPR Newswire
CAN
Earnings
- 2/10/26 - Miss
CAN
Sec Filings
- 2/11/26 - Form SCHEDULE
- 2/10/26 - Form 6-K
- 2/10/26 - Form 6-K
- CAN's page on the SEC website