JinkoSolar announced that between December 20, 2023 and February 2, 2024, the company repurchased 400,000 ADSs in an aggregate amount of approximately $11.8M in the open market under its previously announced extended share repurchase program. On July 6, 2022, the company announced a share repurchase program, which authorizes the company to repurchase up to $200M of its ordinary shares represented by ADSs for an 18-month period. On December 20, 2023, the company extended this share repurchase program for an additional 18-month period through June 30, 2025. As of this date, approximately $179.1M of the company’s ordinary shares represented by the ADSs under the extended share repurchase program had not been utilized.
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