Cango Inc. Announces New Share Repurchase Program
Cango Inc. Class A Ordinary Shares (CANG)
Last cango inc. class a ordinary shares earnings: 3/23 04:30 pm
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Company Research
Source: PR Newswire
SHANGHAI, April 21, 2023 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that its board of directors has authorized a new share repurchase program (the "New Share Repurchase Program") under which the Company may repurchase up to US$50 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing two Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from April 25, 2023.The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, in accordance with applicable rules and regulations. The number of ADSs and/or Class A ordinary shares repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume and gener
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CANG
News
- Cango Receives Buy Rating, Upbeat on its Asset-light Mining Model and AI PotentialPR Newswire
- Cango Receives Buy Rating, Upbeat on its Asset-light Mining Model and AI PotentialPR Newswire
- Cango Receives Buy Rating, Upbeat on its Asset-light Mining Model and AI PotentialPR Newswire
- Cango (NYSE:CANG) was upgraded by analysts at Greenridge Global to a "strong-buy" rating.MarketBeat
- Cango (NYSE:CANG) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat
CANG
Earnings
- 12/1/25 - Beat
CANG
Sec Filings
- 12/22/25 - Form EFFECT
- 12/17/25 - Form F-3
- 12/2/25 - Form 6-K
- CANG's page on the SEC website