Canaan Inc. (CAN) renews US$30 million stock buyback program
Rhea-AI Filing Summary
Canaan Inc. filed a report as a foreign private issuer indicating that it has renewed a US$30 million stock buyback program, described in Exhibit 99.1 as “Canaan Inc. Renews Its US$30 Million Share Buyback Program.” This program authorizes the company to repurchase its own shares using that amount.
The filing confirms that Canaan submits its annual reports on Form 20-F and lists its principal executive offices in Singapore. The report is signed by Chairman and Chief Executive Officer Nangeng Zhang, formalizing the disclosure for investors.
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FAQ
What did Canaan Inc. disclose in its December 2025 Form 6-K for CAN?
Canaan Inc. disclosed that it has renewed a US$30 million stock buyback program, identified in Exhibit 99.1 as “Canaan Inc. Renews Its US$30 Million Share Buyback Program.”
How large is Canaan Inc.'s renewed share buyback program (CAN)?
The renewed share buyback program for Canaan Inc. is described as a US$30 million stock repurchase program.
What type of SEC annual report does Canaan Inc. (CAN) file?
Canaan Inc. indicates that it files its annual reports under Form 20-F, consistent with its status as a foreign private issuer.
Where are the principal executive offices of Canaan Inc. (CAN) located?
Canaan Inc.’s principal executive offices are located at 28 Ayer Rajah Crescent, #06-08, Singapore 139959.
Who signed the December 2025 SEC report for Canaan Inc. (CAN)?
The report was signed on behalf of Canaan Inc. by Nangeng Zhang, who is the company’s Chairman and Chief Executive Officer.