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An update from NaaS Technology ( (NAAS) ) is now available.
On February 21, 2025, NaaS Technology Inc. announced a US$10 million share repurchase program, allowing the company to buy back its American depositary shares over the next 12 months. This move aims to enhance shareholder value and reflects the company’s confidence in its growth prospects and commitment to its stakeholders. The repurchases may occur on the open market or through other methods, subject to market conditions and regulations, with periodic reviews by the board to potentially adjust the program’s terms.
More about NaaS Technology
NaaS Technology Inc. is the first U.S.-listed electric vehicle (EV) charging service company in China, operating as a subsidiary of Newlinks Technology Limited, a prominent energy digitalization group in China. NaaS offers comprehensive solutions to energy asset owners, including charging services, energy solutions, and new initiatives, which support the entire lifecycle of energy assets and promote energy transition.
YTD Price Performance: -35.35%
Average Trading Volume: 140,110
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $17M
See more data about NAAS stock on TipRanks’ Stock Analysis page.
