DDC Board Approves Share Buyback Worth Up To $10M
On June 9, 2026, the board of directors (the "Board") of the Company approved a share repurchase program (the "Share Repurchase Program") authorizing total repurchases of up to $10,000,000 of the Company’s Class A ordinary shares, or such lesser amount as would result in the Company repurchasing no more than 20% of its outstanding Class A ordinary shares, whichever is lower, over a period of up to 18 months. Pursuant to the Share Repurchase Program, the Company may repurchase its Class A ordinary shares from time to time through Rule 10b5-1 trading plans, open market purchases or other permissible means in accordance with applicable U.S. federal securities laws. The timing and the exact number of Class A ordinary shares to be repurchased will be determined by the Company’s management at its discretion and will be subject to quarterly Board review of capital allocation. Share Repurchas...
On June 9, 2026, the board of directors (the "Board") of the Company approved a share repurchase program (the "Share Repurchase Program") authorizing total repurchases of up to $10,000,000 of the Company’s Class A ordinary shares, or such lesser amount as would result in the Company repurchasing no more than 20% of its outstanding Class A ordinary shares, whichever is lower, over a period of up to 18 months.
Pursuant to the Share Repurchase Program, the Company may repurchase its Class A ordinary shares from time to time through Rule 10b5-1 trading plans, open market purchases or other permissible means in accordance with applicable U.S. federal securities laws.
The timing and the exact number of Class A ordinary shares to be repurchased will be determined by the Company’s management at its discretion and will be subject to quarterly Board review of capital allocation.
Share Repurchase Program will be funded using the Company’s available free cash flow and other available operating cash.
The Company’s financing or liquidity arrangement in connection with the Share Repurchase Program may use Bitcoin as collateral.