Question · Q4 2024
Rachel Guo from Nomura Holdings, Inc. asked for an update on Yalla's shareholder return program, specifically the share repurchase plan.
Answer
Chairman and CEO Tao Yang confirmed a strong commitment to shareholder returns. He stated that after repurchasing approximately $14 million in shares in 2024, the company plans to accelerate its buyback program in 2025 with a target of at least doubling the amount to $28 million, with the potential to increase this amount later in the year.
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