Viomi Technology's Board Approves $20M Buyback Plan, Shares Spike 13%
ByAinvest
Friday, Oct 24, 2025 8:11 am ET1min read
VIOT--
Viomi Technology (VIOT) shares surged 13% after the company announced a $20 million share repurchase plan, approved by the board through Dec. 31, 2027. Funding will come from existing cash reserves, emphasizing efficient capital allocation. The program highlights management's confidence in the company's outlook and dedication to shareholder value. Analysts believe it could stabilize VIOT shares and signal management's confidence in current valuations.
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