GUANGZHOU, China, June 30, 2022 /PRNewswire/ -- Onion Global Limited (NYSE:OG) ("Onion Global" or the "Company") today announced that to boost shareholders' confidence, it has entered into a private share repurchase agreement with a third party investor (the "Selling Shareholder") on a privately negotiated basis. Under the terms of the private share repurchase agreement, the Company shall purchase and acquire 2,068,900 American depositary shares representing 206,890 Class A ordinary shares (the "Repurchase ADSs") from the Selling Shareholder. The aggregate purchase price of the Repurchase ADSs is US$10 million.
Read more at prnewswire.comOnion Global Announces US$10 Million Private Share Repurchase
PR Newswire - Press Release
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