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Yalla Group Limited Announces New US$150 Million Share Repurchase Program

  • Yalla Group Limited announced a new share repurchase program authorizing the buyback of up to US$150 million in ADSs or Class A ordinary shares over the next 24 months starting March 9, 2026.
  • The program aims to enhance long-term shareholder value & reflects the company's confidence in its long-term growth & underlying business strength.
  • Repurchases may occur via open market transactions, privately negotiated deals, block trades, or other legal means depending on market conditions & applicable regulations.
  • The initiative will be funded using the company's available cash reserves while maintaining disciplined capital allocation & strategic growth initiatives.
  • Yalla Group Limited is the largest MENA-based online social networking & gaming company, operating flagship apps Yalla & Yalla Ludo alongside other products like YallaChat, WeMuslim, & Yalla Parchis.
  • The company's board retains the authority to periodically review & adjust the terms & size of the repurchase program.