CBAK Energy Launches Share Buyback Program Authorizing Repurchase of Up to $20 Million in Common Stock Over the Next 12 Months
CBAK Energy Technology (NASDAQ: CBAT) has announced a significant share buyback program, authorizing the repurchase of up to $20 million of its common stock over the next 12 months, ending May 20, 2026. The program aims to enhance shareholder value and help regain compliance with Nasdaq's minimum bid price requirement.
The company, a leading Chinese lithium-ion battery manufacturer, reported strong financial performance with a 31.5% gross margin in its battery segment and 23.7% across the entire business in 2024. Notably, CBAK's Model 32140 battery captured 19% of the global market share in 2024. The buyback can be executed through open market purchases, private transactions, or other means, including Rule 10b5-1 trading plans.
CBAK Energy Technology (NASDAQ: CBAT) ha annunciato un importante programma di riacquisto di azioni, autorizzando il riacquisto fino a 20 milioni di dollari delle proprie azioni ordinarie nei prossimi 12 mesi, fino al 20 maggio 2026. Il programma mira a valorizzare gli azionisti e a ristabilire la conformità con il requisito minimo del prezzo di offerta di Nasdaq.
L'azienda, uno dei principali produttori cinesi di batterie al litio, ha riportato una solida performance finanziaria con un margine lordo del 31,5% nel segmento batterie e del 23,7% sull'intera attività nel 2024. In particolare, la batteria Model 32140 di CBAK ha conquistato il 19% della quota di mercato globale nel 2024. Il riacquisto potrà essere effettuato tramite acquisti sul mercato aperto, transazioni private o altri mezzi, inclusi i piani di trading secondo la Regola 10b5-1.
CBAK Energy Technology (NASDAQ: CBAT) ha anunciado un importante programa de recompra de acciones, autorizando la recompra de hasta 20 millones de dólares de sus acciones comunes durante los próximos 12 meses, hasta el 20 de mayo de 2026. El programa busca aumentar el valor para los accionistas y ayudar a recuperar el cumplimiento con el requisito mínimo del precio de oferta de Nasdaq.
La empresa, un destacado fabricante chino de baterías de ion de litio, reportó un sólido desempeño financiero con un margen bruto del 31,5% en su segmento de baterías y del 23,7% en todo el negocio en 2024. Destaca que la batería Modelo 32140 de CBAK capturó un 19% de la cuota de mercado global en 2024. La recompra podrá ejecutarse mediante compras en el mercado abierto, transacciones privadas u otros medios, incluidos los planes de comercio bajo la Regla 10b5-1.
CBAK Energy Technology (NASDAQ: CBAT)가 향후 12개월 동안 최대 2천만 달러 규모의 보통주 자사주 매입 프로그램을 발표했으며, 이는 2026년 5월 20일까지 유효합니다. 이 프로그램은 주주 가치를 높이고 나스닥의 최소 입찰 가격 요건을 다시 충족하는 데 목적이 있습니다.
중국의 주요 리튬이온 배터리 제조업체인 이 회사는 2024년 배터리 부문에서 31.5%의 총이익률과 전체 사업 부문에서 23.7%의 총이익률을 기록하며 강력한 재무 실적을 보고했습니다. 특히 CBAK의 모델 32140 배터리는 2024년 전 세계 시장 점유율의 19%를 차지했습니다. 자사주 매입은 공개 시장 매수, 비공개 거래 또는 10b5-1 규정에 따른 거래 계획 등 다양한 방법으로 진행될 수 있습니다.
CBAK Energy Technology (NASDAQ : CBAT) a annoncé un programme important de rachat d'actions, autorisant le rachat jusqu'à 20 millions de dollars de ses actions ordinaires au cours des 12 prochains mois, jusqu'au 20 mai 2026. Ce programme vise à accroître la valeur pour les actionnaires et à aider à retrouver la conformité avec l'exigence minimale du prix d'offre du Nasdaq.
L'entreprise, un fabricant chinois majeur de batteries lithium-ion, a affiché une solide performance financière avec une marge brute de 31,5% dans son segment batteries et de 23,7% sur l'ensemble de ses activités en 2024. Notamment, la batterie Model 32140 de CBAK a capturé 19% de la part de marché mondiale en 2024. Le rachat pourra être réalisé via des achats sur le marché ouvert, des transactions privées ou d'autres moyens, y compris des plans de trading selon la règle 10b5-1.
CBAK Energy Technology (NASDAQ: CBAT) hat ein bedeutendes Aktienrückkaufprogramm angekündigt und die Rücknahme von bis zu 20 Millionen US-Dollar eigener Stammaktien innerhalb der nächsten 12 Monate bis zum 20. Mai 2026 genehmigt. Das Programm zielt darauf ab, den Aktionärswert zu steigern und die Einhaltung der Mindestgebotspreis-Anforderung der Nasdaq wiederherzustellen.
Das Unternehmen, ein führender chinesischer Hersteller von Lithium-Ionen-Batterien, meldete für 2024 eine starke finanzielle Leistung mit einer Bruttomarge von 31,5% im Batteriebereich und 23,7% über das gesamte Geschäft hinweg. Besonders hervorzuheben ist, dass die CBAK Model 32140 Batterie im Jahr 2024 einen Marktanteil von 19% weltweit erreichte. Der Rückkauf kann durch Käufe am offenen Markt, private Transaktionen oder andere Mittel, einschließlich Handelsplänen nach Regel 10b5-1, durchgeführt werden.
- Authorization of $20 million share buyback program to enhance shareholder value
- Strong financial performance with 31.5% gross margin in battery segment and 23.7% overall in 2024
- Model 32140 battery holds 19% global market share
- Growing portfolio of international customers
- Current non-compliance with Nasdaq minimum bid price requirement
- Buyback program may be suspended or discontinued at any time
- Program execution subject to various restrictions and market conditions
Insights
CBAK Energy's $20M buyback signals management confidence while addressing Nasdaq compliance issues amid strong operational performance.
CBAK Energy's announcement of a $20 million share repurchase program represents a significant capital allocation decision that warrants investor attention. The 12-month program, running until May 2026, serves dual purposes: returning value to shareholders while addressing the company's Nasdaq minimum bid price compliance challenges.
Looking at the mechanics, the buyback represents a substantial commitment relative to CBAK's market profile. The flexible implementation approach—allowing open market purchases, private transactions, and Rule 10b5-1 trading plans—gives management strategic optionality in execution timing.
What's particularly telling is the strong financial foundation supporting this initiative. The company reports impressive
Management's explicit statement that "the current stock price significantly undervalues the Company" reveals their perspective on valuation disconnect. This buyback effectively represents a capital allocation decision where management believes investing in their own shares offers superior returns compared to alternative uses of capital.
The Nasdaq compliance issue adds another dimension—suggesting the stock has been trading below minimum bid requirements. The buyback could create price support through reduced float and increased demand, potentially resolving this regulatory challenge without more dilutive solutions like a reverse split.
DALIAN, China, May 22, 2025 (GLOBE NEWSWIRE) -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that its Board of Directors approved a share repurchase program with authorization to purchase up to
The share repurchase program is designed to return value to shareholders and support the Company’s efforts to regain compliance with the Nasdaq Stock Market’s minimum bid price requirement. CBAK Energy may repurchase shares from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The timing and total amount of stock repurchases will depend upon business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, restrictions under the terms of our loan agreements and other considerations. This program terminates on May 20, 2026, may be suspended or discontinued at any time and does not obligate the company to acquire any amount of common stock.
“This share repurchase program reflects our confidence in the long-term value of CBAK Energy,” said Zhiguang Hu, Chief Executive Officer of the Company. “In addition to being a prudent use of capital, the program is designed to support our stock price and assist in curing our current Nasdaq minimum bid price deficiency.”
“The Company has consistently maintained one of the highest gross margins in the industry. In 2024, we achieved a gross margin of
About CBAK Energy
CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium and sodium batteries, as well as the production of raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, energy storage and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing, Shaoxing and Shangqiu, as well as a large-scale R&D and production base in Dalian.
For more information, please visit ir.cbak.com.cn
Safe Harbor Statement
This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.
Any forward-looking statements contained in this press release are only estimates or predictions of future events based on information currently available to our management and management’s current beliefs about the potential outcome of future events. Whether these future events will occur as management anticipates, whether we will achieve our business objectives, and whether our revenues, operating results, or financial condition will improve in future periods are subject to numerous risks. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: significant legal and operational risks associated with having substantially all of our business operations in China, that the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change in our operations and/or the value of our securities or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and could cause the value of such securities to significantly decline or be worthless, the effects of health epidemics, changes in domestic and foreign laws, regulations and taxes, the volatility of the securities markets; and other risks including, but not limited to, the ability of the Company to meet its contractual obligations, the uncertain markets for the Company’s products and business, macroeconomic, technological, regulatory, or other factors affecting the profitability of our products and solutions that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 10-K as well as in our other reports filed or furnished from time to time with the SEC. You should read these factors and the other cautionary statements made in this press release. If one or more of these factors materialize, or if any underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.
For further inquiries, please contact:
In China:
CBAK Energy Technology, Inc.
Investor Relations Department
Email: ir@cbak.com.cn
FAQ
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