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Viomi Buys Back $2.5M in Shares, Still Has $17.5M Left Under Buyback Plan

Benzinga·01/02/2026 10:10:00
語音播報

Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ:VIOT), a leading technology company for home water solutions in China, today provided an update on its previously announced share repurchase program.

On October 24, 2025, the Company's board of directors approved a share repurchase program, under which the Company may repurchase up to US$20 million worth of its American depositary shares (ADSs), ending on December 31, 2027.

As of December 31, 2025, the Company has repurchased approximately 1.02 million ADSs for a total of US$2.5 million under the program. Following these repurchases, approximately US$17.5 million remains available for future buybacks. The repurchases were funded using the Company's existing cash reserves.

Mr. Xiaoping Chen, Founder and CEO of Viomi, commented: "We are pleased with the progress of our share repurchase program, which underscores our confidence in the Company's fundamentals and long-term growth prospects. With our robust cash position and our ‘Global Water' strategy, we are well-positioned to continue delivering sustainable value for our shareholders."