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Kandi Technologies Group, Inc. Buyback

OLI recorded this information on 5/14/2019

Company: Kandi Technologies Group, Inc.
Buyback: KNDI buyback
$Amount Authorized: $20,000,000
Buyback Details: Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that its Board of Director has approved the Company to implement a stock repurchase program to purchase up to $20 million of the Company's common stock between a certain price range. The program is to be completed by the end of the 2019 calendar year.

Kandi Technologies Group is engaged in the development, production and distribution of the electric vehicle (EV) products, EV parts and off-road vehicle products in the Chinese and the global markets. Co.'s products consist of EV parts, EV products, and off-road vehicles including all-terrain vehicles, utility vehicles, go-karts, and others vehicles. Co. conducts its primary business operations through its wholly-owned subsidiaries, Zhejiang Kandi Vehicles Co., Ltd., Kandi Vehicles' wholly and partially-owned subsidiaries, and SC Autosports LLC.
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Company Name: 
Kandi Technologies Group Inc
Stock buyback: 
KNDI buyback
Website: 
www.kanditechnologies.com
Sector: 
Auto Parts
Number of ETFs Holding KNDI: 
5
Total Market Value Held by ETFs: 
$34.95M
Total Market Capitalization: 
$369.00M
% of Market Cap. Held by ETFs: 
9.47%
 

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