Viomi Technology Co., Ltd (NASDAQ: VIOT) saw its shares rise sharply by 24.33% to close at $3.48.
Viomi Technology Co., Ltd, VIOT
The surge followed the company’s announcement of a new share repurchase program and its upcoming financial report. The move signaled strong confidence in its market position and future growth outlook.
The company confirmed plans to report unaudited results for the six months ending June 30, 2025, on November 10, 2025. This upcoming disclosure is expected to provide insights into performance trends and business stability. Moreover, the timing aligns with renewed optimism surrounding its operational strategy.
The trading volume increased significantly during the session, indicating strong market reaction. Market participants responded positively to the buyback plan, viewing it as a reinforcement of financial strength. Overall sentiment remained upbeat throughout the trading day.
Viomi’s board authorized a share repurchase plan worth up to $20 million, effective until December 31, 2027. The program enables the company to repurchase its American depositary shares through open-market purchases and private transactions. These actions will follow applicable U.S. securities regulations and market conditions.
The company stated that it would finance the repurchases using its existing cash reserves. This approach highlights efficient capital management and a strong liquidity position. Additionally, it demonstrates a disciplined financial policy aimed at sustainable returns.
Such initiatives often enhance market perception and improve earnings per share over time. The strategy may also reduce share volatility and strengthen long-term shareholder value. Consequently, the move underscores Viomi’s commitment to consistent performance improvement.
Viomi continues to advance its “AI for Better Water” mission by integrating intelligent technology into water purification systems. The company’s “Equipment + Consumables” business model enhances product efficiency and customer engagement. Through smart filter monitoring and extended filter life, Viomi simplifies maintenance while reducing household costs.
Its state-of-the-art “Water Purifier Gigafactory” supports large-scale production and innovation. This facility integrates advanced manufacturing and automation to ensure quality and scalability. It enables faster adaptation to growing global demand for clean water.
Viomi remains focused on expanding internationally through technological partnerships and sustainable innovation. The company’s strategy aligns with global health trends emphasizing safer and more efficient home water solutions. As demand rises, Viomi aims to consolidate its leadership in intelligent water technology.
The post Viomi Technology Co., Ltd (VIOT) Stock: Soars 24% as New $20M Share Buyback Boosts Confidence appeared first on CoinCentral.



Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash. Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more