NaaS Technology Inc. Announces US$10 Million Share Repurchase Program - Thailand PR News

 - [Banking](https://thailandbusinessnews.net/category/banking/)
- [Companies](https://thailandbusinessnews.net/category/companies/)
- [Economy](https://thailandbusinessnews.net/category/economy/)
- [Press Releases](https://thailandbusinessnews.net/category/press-release/)
    - [PR Newswire](https://thailandbusinessnews.net/pr-newswire-updates/)
- [Tech](https://thailandbusinessnews.net/category/tech/)
- [Tourism](https://thailandbusinessnews.net/category/tourism/)

    - [Press Release](https://thailandbusinessnews.net/category/press-release/)
- [Tech](https://thailandbusinessnews.net/category/tech/)

# NaaS Technology Inc. Announces US$10 Million Share Repurchase Program

   #####  Up next

  ###### [Namibox and Hisense Form Strategic Collaboration to Launch the "Parent-Child Learning Big Screen," Creating a New Ecosystem of "Educational Hardware + Emotional Economy"](https://thailandbusinessnews.net/press-release/namibox-and-hisense-form-strategic-collaboration-to-launch-the-parent-child-learning-big-screen-creating-a-new-ecosystem-of-educational-hardware-emotional-economy/)

  Published on 21 February 2025 #####  Author

#####   [ CISION PRNewswire ](https://thailandbusinessnews.net/author/cision/)

  ##### Tags

- [PRNewswire](https://thailandbusinessnews.net/tag/prnewswire/)

BEIJING, Feb. 21, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging service company in China, today announced that its board of directors (the "Board") has approved a share repurchase program (the "Share Repurchase Program"), effective from February 21, 2025. Pursuant to the Share Repurchase Program, the Company may repurchase up to US$10 million of its American depositary shares ("ADSs") over the next 12 months through the end of February 2026.

The Company’s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Board will review the share repurchase program periodically, and may authorize adjustment of its terms and size.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company provides one-stop solutions to energy asset owners comprising charging services, energy solutions and new initiatives, supporting every stage of energy assets’ lifecycle and facilitating energy transition.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as "will," "expects," "believes," "anticipates," "intends," "estimates" and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NaaS’ goals and strategies; its future business development, financial conditions and results of operations; its ability to continuously develop new technology, services and products and keep up with changes in the industries in which it operates; growth of China’s EV charging industry and EV charging service industry and NaaS’ future business development; demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; the COVID-19 pandemic and the effects of government and other measures that have been or will be taken in connection therewith; U.S.-China trade war and its effect on NaaS’ operation, fluctuations of the RMB exchange rate, and NaaS’ ability to obtain adequate financing for its planned capital expenditure requirements; NaaS’ relationships with end-users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations related to the industry; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:

Investor RelationsNaaS Technology Inc.E-mail: <ir@enaas.com>Media inquiries:E-mail: <pr@enaas.com>

[Source link ](https://www.prnasia.com/story/archive/4624429_CN24429_0?rand=89749)

```
This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
```

  #####  You May Also Like

  [](https://thailandbusinessnews.net/press-release/awe-asia-2026-concludes-in-singapore-signaling-a-more-grounded-phase-for-xr-and-ai/) ## AWE Asia 2026 Concludes in Singapore, Signaling a More Grounded Phase for XR and AI

  SINGAPORE, Feb. 7, 2026 /PRNewswire/ — AWE Asia 2026 concluded this week…

- [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire")
- February 7, 2026

   [](https://thailandbusinessnews.net/press-release/treon-launches-ai-native-maintenance-to-automate-industrial-uptime-at-scale/) ![Treon Launches AI-native Maintenance to Automate Industrial Uptime at Scale](https://i0.wp.com/mma.prnasia.com/media2/2959961/Treon_Inside.jpg?resize=260%2C140&ssl=1 "Treon Launches AI-native Maintenance to Automate Industrial Uptime at Scale")

- [Press Release](https://thailandbusinessnews.net/category/press-release/)

 ## Treon Launches AI-native Maintenance to Automate Industrial Uptime at Scale

  The Treon AI-native Maintenance Orchestration Layer with asset-embedded intelligence will be unveiled…

- [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire")
- April 20, 2026

   [](https://thailandbusinessnews.net/press-release/leading-the-future-of-oral-delivery-lonza-capsugel-brings-breakthrough-capsule-technologies-to-the-korean-market-at-cphi-korea/) ![Leading the Future of Oral Delivery, Lonza Capsugel brings breakthrough Capsule Technologies to the Korean Market at CPHI Korea](https://i0.wp.com/mmx.prnasia.com/media/MS1964335/20260805032637EDT_image_1.jpg?resize=260%2C140&ssl=1 "Leading the Future of Oral Delivery, Lonza Capsugel brings breakthrough Capsule Technologies to the Korean Market at CPHI Korea")

- [Press Release](https://thailandbusinessnews.net/category/press-release/)

 ## Leading the Future of Oral Delivery, Lonza Capsugel brings breakthrough Capsule Technologies to the Korean Market at CPHI Korea

  Advanced Capsule Technology for Improved Digestive Enzyme Delivery SEOUL, South Korea, Aug.…

- [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire")
- August 5, 2026

 ##### Most Read

- [![Green Empowerment, Low-Carbon Symbiosis: Beijing Green Development Forum 2026 Grandly Opens at Beijing Municipal Administrative Center](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/green-empowerment-low-carbon-symbiosis-beijing-green-development-forum-2026-grandly-opens-at-beijing-municipal-administrative-center/ "Green Empowerment, Low-Carbon Symbiosis: Beijing Green Development Forum 2026 Grandly Opens at Beijing Municipal Administrative Center") [Green Empowerment, Low-Carbon Symbiosis: Beijing Green Development Forum 2026 Grandly Opens at Beijing Municipal Administrative Center](https://thailandbusinessnews.net/press-release/green-empowerment-low-carbon-symbiosis-beijing-green-development-forum-2026-grandly-opens-at-beijing-municipal-administrative-center/ "Green Empowerment, Low-Carbon Symbiosis: Beijing Green Development Forum 2026 Grandly Opens at Beijing Municipal Administrative Center")
- [![OMNICOM MEDIA WAS AWARDED $3.3 BILLION IN NEW BILLINGS IN H1 2026, MORE THAN ANY OTHER GLOBAL MEDIA GROUP](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/omnicom-media-was-awarded-3-3-billion-in-new-billings-in-h1-2026-more-than-any-other-global-media-group/ "OMNICOM MEDIA WAS AWARDED $3.3 BILLION IN NEW BILLINGS IN H1 2026, MORE THAN ANY OTHER GLOBAL MEDIA GROUP") [OMNICOM MEDIA WAS AWARDED $3.3 BILLION IN NEW BILLINGS IN H1 2026, MORE THAN ANY OTHER GLOBAL MEDIA GROUP](https://thailandbusinessnews.net/press-release/omnicom-media-was-awarded-3-3-billion-in-new-billings-in-h1-2026-more-than-any-other-global-media-group/ "OMNICOM MEDIA WAS AWARDED $3.3 BILLION IN NEW BILLINGS IN H1 2026, MORE THAN ANY OTHER GLOBAL MEDIA GROUP")
- [![China's Green Industries Take Center Stage at the China-ASEAN Expo as Cooperation in Energy, Power and New Energy Vehicles Enters a New Phase](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/chinas-green-industries-take-center-stage-at-the-china-asean-expo-as-cooperation-in-energy-power-and-new-energy-vehicles-enters-a-new-phase/ "China's Green Industries Take Center Stage at the China-ASEAN Expo as Cooperation in Energy, Power and New Energy Vehicles Enters a New Phase") [China's Green Industries Take Center Stage at the China-ASEAN Expo as Cooperation in Energy, Power and New Energy Vehicles Enters a New Phase](https://thailandbusinessnews.net/press-release/chinas-green-industries-take-center-stage-at-the-china-asean-expo-as-cooperation-in-energy-power-and-new-energy-vehicles-enters-a-new-phase/ "China's Green Industries Take Center Stage at the China-ASEAN Expo as Cooperation in Energy, Power and New Energy Vehicles Enters a New Phase")
- [![Hotel & Shop Plus 2027: Seamless Synergy across Design, Sustainability, Digitalization](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/hotel-shop-plus-2027-seamless-synergy-across-design-sustainability-digitalization/ "Hotel & Shop Plus 2027: Seamless Synergy across Design, Sustainability, Digitalization") [Hotel &amp; Shop Plus 2027: Seamless Synergy across Design, Sustainability, Digitalization](https://thailandbusinessnews.net/press-release/hotel-shop-plus-2027-seamless-synergy-across-design-sustainability-digitalization/ "Hotel & Shop Plus 2027: Seamless Synergy across Design, Sustainability, Digitalization")
- [![Golden Week 2026 Fuels Extended Breaks and New Travel Routes: Trip.com Group Reveals Rising Destinations and Regional Trends](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/golden-week-2026-fuels-extended-breaks-and-new-travel-routes-trip-com-group-reveals-rising-destinations-and-regional-trends/ "Golden Week 2026 Fuels Extended Breaks and New Travel Routes: Trip.com Group Reveals Rising Destinations and Regional Trends") [Golden Week 2026 Fuels Extended Breaks and New Travel Routes: Trip.com Group Reveals Rising Destinations and Regional Trends](https://thailandbusinessnews.net/press-release/golden-week-2026-fuels-extended-breaks-and-new-travel-routes-trip-com-group-reveals-rising-destinations-and-regional-trends/ "Golden Week 2026 Fuels Extended Breaks and New Travel Routes: Trip.com Group Reveals Rising Destinations and Regional Trends")
- [![MALAYSIA HEALTHCARE DEEPENS BANGLADESH PRESENCE AS MEDICAL TOURISM DEMAND GROWS](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/malaysia-healthcare-deepens-bangladesh-presence-as-medical-tourism-demand-grows/ "MALAYSIA HEALTHCARE DEEPENS BANGLADESH PRESENCE AS MEDICAL TOURISM DEMAND GROWS") [MALAYSIA HEALTHCARE DEEPENS BANGLADESH PRESENCE AS MEDICAL TOURISM DEMAND GROWS](https://thailandbusinessnews.net/press-release/malaysia-healthcare-deepens-bangladesh-presence-as-medical-tourism-demand-grows/ "MALAYSIA HEALTHCARE DEEPENS BANGLADESH PRESENCE AS MEDICAL TOURISM DEMAND GROWS")

##### Subscribe via Email

 Enter your email address to subscribe and receive notifications of new posts by email.

  Email Address

       Subscribe

  [](https://thailandbusinessnews.net/press-release/insead-ai-forum-americas-debates-ais-impact-across-industry-careers-and-society/) ## INSEAD AI Forum Americas debates AI's impact across industry, careers and society

  FONTAINEBLEAU, France and SINGAPORE and SAN FRANCISCO, Sept. 22, 2026 /PRNewswire/…

   [](https://thailandbusinessnews.net/press-release/creality-launches-sparkx-i8-on-indiegogo-at-289-bringing-fastest-no-purge-waste-printing/) ![Creality Launches SPARKX i8 on Indiegogo at 9, Bringing Fastest, No-Purge-Waste Printing](https://i0.wp.com/mmx.prnasia.com/media/MS1992606/20260921091652EDT_image_3.jpg?resize=260%2C140&ssl=1 "Creality Launches SPARKX i8 on Indiegogo at 9, Bringing Fastest, No-Purge-Waste Printing")

 ## Creality Launches SPARKX i8 on Indiegogo at $289, Bringing Fastest, No-Purge-Waste Printing

  FRANKFURT, Germany and AUSTIN, Texas, Sept. 22, 2026 /PRNewswire/ — Creality…

   [](https://thailandbusinessnews.net/press-release/smarties-vietnam-announces-2026-shortlist-celebrating-187-standout-entries/) ![SMARTIES™ Vietnam Announces 2026 Shortlist, Celebrating 187 Standout Entries](https://i0.wp.com/mmx.prnasia.com/media/MS1992500/20260921061821EDT_image_1.jpg?resize=260%2C140&ssl=1 "SMARTIES™ Vietnam Announces 2026 Shortlist, Celebrating 187 Standout Entries")

 ## SMARTIES™ Vietnam Announces 2026 Shortlist, Celebrating 187 Standout Entries

  HO CHI MINH CITY, Vietnam, Sept. 21, 2026 /PRNewswire/ — SMARTIES™ Vietnam…

   [](https://thailandbusinessnews.net/press-release/meshy-details-mora-a-research-architecture-for-ai-generated-interactive-worlds-and-launches-meshy-7-1/) ## Meshy Details Mora, a Research Architecture for AI-Generated Interactive Worlds, and Launches Meshy 7.1

  Publicly playable at mora.fun, Mora combines coding agents, 3D generation and real-time…
<!-- Performance optimized by Docket Cache: https://wordpress.org/plugins/docket-cache -->
