Canaan Inc. repurchases 6,586,413 units for approximately US$4.9 million

Reuters12-17

Canaan Inc. announced the renewal of its share buyback program, authorizing the repurchase of up to US$30 million worth of its outstanding American depositary shares (ADSs) over the next 12 months starting December 12, 2025. The company previously completed a buyback program, repurchasing 6,586,413 ADSs for a total of approximately US$4.9 million.

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