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0 0 0 0.0114942528735632 0.0287356321839081 0.0373563218390804 0.0603448275862069 0.100574712643678
Stock impact report

Full Truck Alliance Co. Ltd. Announces Extension of Share Repurchase Program and Declaration of Cash Dividend

Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) (YMM) 
Company Research Source: PR Newswire
GUIYANG, China, March 13, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced an extension of its share repurchase program. As previously reported by the Company, its board of directors (the "Board") authorized a share repurchase program with an original expiration date of March 12, 2024. The Board resolved to extend the term of the share repurchase program such that the Company may repurchase up to approximately US$300 million of its American depositary shares (the "ADSs"), each representing 20 Class A ordinary shares and/or ordinary shares, through March 12, 2025. Repurchases under the Company's share repurchase program may be made from time to time through open market transactions at prevailing market prices, in privately negotiated transactions, in block trades, and/or through other legally permissible means, depending on the market conditions and in accordance with the applicable rules and reg Show less Read more
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