Nano Labs Ltd (Nasdaq: NA) announced on 2025-10-16 that its board of directors has authorized a share repurchase program allowing the company to buy back up to US$25.0 million of its ordinary shares within the next 12 months, subject to market conditions.
The repurchases will be funded from the company’s existing cash balance and proceeds from the liquidation of its cryptocurrency assets, and may be executed through open‑market transactions, private negotiations, block trades, or a combination of these methods.
The board will review the program periodically and may adjust its terms or size, underscoring the company’s commitment to managing capital and enhancing shareholder value.
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