Baozun authorizes $125M share repurchase program- Baozun(NASDAQ:BZUN)board authorized ashare repurchase program wherein it may repurchase up to $125M worth of its outstanding ADSs (each representing three Class A ordinary shares) and/or Class A ordinary shares over the next one year, commencing May 18, 2021.
- It plans to fund repurchases from its existing cash balance.
- Shares trading 4.5% higher premarket after reporting Q1 earnings today.
- This is one of the better run Chinese Co's>
God this sounds yummy!
Organigram launches Big Bag o’ Buds dried flower in 28g value format
- Organigram Holdings(NASDAQ:OGI) announces the launch of Big Bag o’ Buds, a lineup of dried flower products featuring a roster of well-known genetics and a rotation of one-time offerings in a 28g format.
- Big Bag o’ Buds offers a minimum of 17% THC and a rich cultivar selection that includes Ultra Sour, a pungent, sativa-leaning sour featuring the tartness of Meyer lemon and the diesel and pungent notes from the cultivar’s Kush undertones.
- Organigram currently leads the pack with the #1 Ultra Sour brand in Canada. The Big Bag o’ Buds OTO cultivar selection will include Grapefruit GG4, Original Glue, and Lemon Tree strains.
- Big Bag o’ Buds is available at select retailers across Canada.
- OGI shares up 1.6% premarket trading at $2.62.