Burning Rock Biotech announces $10M stock buyback plan

Jun. 21, 2022 4:53 AM ETBurning Rock Biotech Limited (BNR)By: Preeti Singh, SA News Editor
  • Burning Rock Biotech (NASDAQ:BNR) has announced a share repurchase plan to buyback Class A ordinary shares in the form of American depositary shares (ADSs) with an aggregate value of up to $10M.
  • The repurchases will be funded from existing cash balance. The program will run for a year.
  • BNR shares are up 2% pre-market, but have fallen ~81% YTD

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