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An announcement from JinkoSolar ( (JKS) ) is now available.
JinkoSolar has announced the upsizing and extension of its share repurchase program, increasing the total repurchase authorization from $200 million to $350 million and extending the program through June 2026. This move reflects JinkoSolar’s confidence in its long-term business growth, bolstered by its competitive N-type TOPCon technology and extensive global operations, as the company aims to capture further growth opportunities in the solar sector and create sustainable shareholder value.
More about JinkoSolar
JinkoSolar is one of the largest and most innovative solar module manufacturers globally. The company distributes solar products and sells solutions and services to a diverse international customer base, including utility, commercial, and residential sectors. JinkoSolar operates over 10 production facilities worldwide and maintains a vast global sales network.
YTD Price Performance: -15.90%
Average Trading Volume: 1,747,616
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.48B
For a thorough assessment of JKS stock, go to TipRanks’ Stock Analysis page.