24/7 Market News Snapshot 24 October, 2025 – Viomi Technology Co., Ltd American Depositary Shares (NASDAQ:VIOT)
DENVER, Colo., 24 October, 2025 (www.247marketnews.com) – (NASDAQ:VIOT) are discussed in this article.
Viomi Technology Co., Ltd. (NASDAQ:VIOT) is currently experiencing significant market enthusiasm, with shares surging by 24.11% in pre-market trading, moving to $3.475 from a previous close of $2.80. This notable increase has been fueled by strong trading activity, featuring a remarkable volume of 2.38 million shares exchanged, highlighting a robust investor interest in the company. This bullish momentum is indicative of growing investor confidence, potentially spurred by positive developments within the organization.
In a strategic move to further enhance shareholder value, Viomi’s board of directors has approved a new share repurchase program, permitting the buyback of up to $20 million in American depositary shares. This initiative underscores the company’s confidence in its growth outlook and its commitment to sustainable value creation. Mr. Xiaoping Chen, Founder, Chairman, and CEO of Viomi, remarked that the program reflects the company’s dedication to its shareholders while maintaining a trajectory of growth.
The planned repurchases will be executed in accordance with market conditions and applicable regulations, utilizing existing cash reserves to support this initiative. This strategic approach not only reinforces Viomi’s financial stability but also demonstrates an ongoing commitment to returning capital to shareholders.
As part of its mission to deliver “AI for Better Water,” Viomi continues to lead innovation in the home water solutions sector by integrating advanced AI technology into its products. With an emphasis on operational efficiency, exemplified by its state-of-the-art “Water Purifier Gigafactory,” the company aims to meet the surging global demand for clean and healthy drinking water. As Viomi advances, it remains focused on providing value through innovation and strategic growth initiatives, fostering healthier lifestyles for all consumers.
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