ZKH Group Limited announced that its board of directors has authorized a new share repurchase program. Under this program, the company may repurchase up to US$50 million worth of its shares, including American Depositary Shares (ADSs), over the next 12 months.
The repurchase program is set to conclude on June 13, 2026. The company expects to fund these repurchases using its existing cash balance, indicating a strong liquidity position to support the initiative.
Mr. Eric Long Chen, Chairman and Chief Executive Officer of ZKH, stated that the launch of this new share repurchase program underscores the company's strong confidence in ZKH's intrinsic value and long-term growth prospects. He added that recent financial and operational results provide a solid foundation for sustainable development and value creation for all stakeholders.
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