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VNET Buyback image

21Vianet Group, Inc. Buyback

OLI recorded this information on 12/4/2019

Company: 21Vianet Group, Inc.
Buyback: VNET buyback
$Amount Authorized: $20,000,000
Buyback Details: 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that its board of directors has approved a share repurchase program to repurchase up to US$20 million worth of its American Depositary Shares ("ADSs"), representing its Class A ordinary shares, during a 13-month period ending on December 31, 2020.

VNET Group is a data center services provider in China. Co. provides managed hosting services and provides interconnectivity. Co.'s managed retail services provide different levels of services from a single cabinet up to megawatt-scale deployments. Through its data center network, Co. provides hosting and related services, including: Managed Hosting Services, which consist of managed retail services and managed wholesale services; Cloud Services, which allow businesses to run their applications over the internet using its IT infrastructure; and Virtual Private Network Services, which extend customers' private networks by setting up connections through the public internet.
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VNET — Key Stats (updated 6 hours, 50 minutes ago)
Company Name:  VNET Group Inc
Stock buyback:  VNET buyback
Website:  www.vnet.com
Sector:  Application Software
Number of ETFs Holding VNET:  16
Total Market Value Held by ETFs:  $7.62M
Total Market Capitalization:  $517.00M
% of Market Cap. Held by ETFs:  1.47%
 

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April 18, 2024  •  5:42 PM Eastern
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Avg. Broker Rec.

Strong Buy (3.60 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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