adminXunlei (XNET) announced on June 6 that the company’s board of directors has approved a new stock repurchase plan, and the company can repurchase up to 20 million US dollars of stock within the next 12 months. The Board of Directors will periodically review the 2023 share repurchase program and, if necessary, adjust its size and terms as appropriate. Xunlei shares are down 26% so far this year.
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