SHENZHEN, China, Sept. 15, 2022 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a number one supplier of buyer engagement and advertising and marketing know-how providers in China, at the moment introduced the approval of a share repurchase program.
On September 15, 2022, the board of administrators of the Company authorised a share repurchase program whereby the Company is allowed to repurchase as much as US$5 million value of its abnormal shares (together with within the type of American depositary shares) throughout a 12-month interval ranging from September 15, 2022.
The Company’s proposed repurchases could also be made on occasion within the open market at prevailing market costs, in privately negotiated transactions, in block trades and/or by different legally permissible means, relying on market circumstances and in accordance with relevant guidelines and rules. The Company’s board of administrators will overview the share repurchase program periodically, and will authorize adjustment of its phrases and measurement. The Company expects to fund the repurchases out of its current money stability.
About Aurora Mobile Limited
Founded in 2011, Aurora Mobile is a number one supplier of buyer engagement and advertising and marketing know-how providers in China. Since its inception, Aurora Mobile has centered on offering steady and environment friendly messaging providers to enterprises and has grown to be a number one cell messaging service supplier with its first-mover benefit. With the rising demand for buyer attain and advertising and marketing progress, Aurora Mobile has developed forward-looking options resembling Cloud Messaging and Cloud Marketing to assist enterprises obtain omnichannel buyer attain and interplay, in addition to synthetic intelligence and large data-driven advertising and marketing know-how options to assist enterprises’ digital transformation.
For extra info, please go to https://ir.jiguang.cn/.
Safe Harbor Statement
This announcement incorporates forward-looking statements. These statements are made beneath the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements might be recognized by terminology resembling “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and comparable statements. Among different issues, the Business Outlook and quotations from administration on this announcement, in addition to Aurora Mobile’s strategic and operational plans, include forward-looking statements. Aurora Mobile can also make written or oral forward-looking statements in its experiences to the U.S. Securities and Exchange Commission, in its annual report back to shareholders, in press releases and different written supplies and in oral statements made by its officers, administrators or staff to 3rd events. Statements that aren’t historic information, together with however not restricted to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements contain inherent dangers and uncertainties. A variety of components might trigger precise outcomes to vary materially from these contained in any forward-looking assertion, together with however not restricted to the next: Aurora Mobile’s methods; Aurora Mobile’s future business growth, monetary situation and outcomes of operations; Aurora Mobile’s skill to draw and retain clients; its skill to develop and successfully market knowledge options, and penetrate the present marketplace for developer providers; its skill to transition to the brand new advertising-driven SAAS business mannequin; its skill keep or improve its model; the competitors with present or future rivals; its skill to proceed to realize entry to cell knowledge sooner or later; the legal guidelines and rules regarding knowledge privateness and safety; normal financial and business circumstances globally and in China and assumptions underlying or associated to any of the foregoing. Further info concerning these and different dangers is included within the Company’s filings with the Securities and Exchange Commission. All info supplied on this press launch and within the attachments is as of the date of the press launch, and Aurora Mobile undertakes no responsibility to replace such info, besides as required beneath relevant regulation.
For extra info, please contact:
Aurora Mobile Limited
E-mail: [email protected]
Christensen
In China
Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: [email protected]
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: [email protected]