Aurora Mobile Authorizes $5 Million Stock Buyback “`
SHENZHEN, China, Dec. 30, 2024 — Aurora Mobile Limited (NASDAQ: JG), a leading Chinese provider of customer engagement and marketing technology services, announced a share repurchase program.
On December 30, 2024, the company’s board of directors authorized a share buyback plan allowing the repurchase of up to US$5 million of its ordinary shares (including American depositary shares) within a year, commencing January 1, 2025.
Repurchases may occur periodically in the open market, through private transactions, block trades, or other permissible methods, depending on market conditions and regulations. The board will regularly review and may adjust the program’s terms and size. Funding will come from existing cash reserves.
About Aurora Mobile Limited
Established in 2011, Aurora Mobile (NASDAQ: JG) is a leading Chinese provider of customer engagement and marketing technology services. Initially focusing on stable, efficient enterprise messaging, it has become a major mobile messaging provider. Responding to growing customer reach and marketing demands, Aurora Mobile offers Cloud Messaging and Cloud Marketing solutions for omnichannel customer interaction, plus AI and big data-driven marketing technology for enterprise digital transformation.
For more information, please visit https://ir.jiguang.cn/.
Safe Harbor Statement
This announcement includes forward-looking statements under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements, identifiable by terms like “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” and similar expressions, include the Business Outlook, management quotations, and strategic and operational plans. Forward-looking statements may also appear in SEC filings, annual shareholder reports, press releases, other written materials, and oral statements by officers, directors, or employees. Statements that are not historical facts are forward-looking and involve inherent risks and uncertainties. Actual results may differ materially due to factors such as Aurora Mobile’s strategies; future business development, financial condition, and operating results; ability to attract and retain customers; ability to develop and market data solutions and penetrate existing markets; ability to transition to a new advertising-driven SAAS business model; ability to maintain or enhance its brand; competition; access to mobile data; data privacy and protection laws and regulations; and global and Chinese economic and business conditions. Further risk information is in the Company’s SEC filings. All information is current as of the release date, and Aurora Mobile is not obligated to update it except as required by law.
For more information, please contact:
Aurora Mobile Limited
E-mail:
Christensen
In China
Ms. Xiaoyan Su
Phone: +86-10-5900-1548
E-mail:
In U.S.
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: