DouYu International Holdings Limited Announces Share Repurchase Program
WUHAN, China, Dec. 28, 2023 /PRNewswire/ — DouYu International Holdings Limited (“DouYu” or the “Company”) (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that its board of directors and management have authorized a share repurchase program under which the Company may repurchase up to US$20 million of its ordinary shares in the form of American depositary shares during a period of up to twelve months commencing on January 1, 2024, subject to the relevant rules under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).