Viomi Technology updates on its share repurchase program, having repurchased 1.02 million ADSs for $2.5 million.
Quiver AI Summary
Viomi Technology Co., Ltd, a leading home water solutions provider in China, has updated its share repurchase program initially approved on October 24, 2025, which allows for the buyback of up to $20 million in American depositary shares (ADSs) until December 31, 2027. As of December 31, 2025, the company has repurchased around 1.02 million ADSs for $2.5 million, leaving approximately $17.5 million available for future purchases. The program is supported by the company's strong cash reserves, and CEO Xiaoping Chen expressed confidence in the company's fundamentals and long-term prospects, emphasizing a commitment to delivering value to shareholders. Viomi's mission revolves around utilizing AI technology to improve water solutions, bolstered by its advanced production facility that enhances efficiency and product offerings in the residential water filtration market.
Potential Positives
- The company has successfully repurchased approximately 1.02 million ADSs for a total of US$2.5 million, demonstrating its commitment to returning value to shareholders.
- Viomi has a remaining US$17.5 million available for future share buybacks, indicating strong financial health and continued shareholder returns.
- The share repurchase program reflects the management's confidence in the company's fundamentals and long-term growth potential.
- Viomi's state-of-the-art "Water Purifier Gigafactory" enhances operational efficiency and positions the company favorably within the competitive market for clean water solutions.
Potential Negatives
- The Company has only repurchased a small portion of the authorized US$20 million under its share repurchase program, indicating potential challenges in its stock performance or confidence in the market.
- Utilizing existing cash reserves for the share repurchase could raise concerns about the Company’s liquidity and ability to invest in growth opportunities, especially amidst a competitive market.
- Forward-looking statements in the release highlight inherent risks and uncertainties regarding the Company's future performance, which may create apprehension among investors.
FAQ
What is the latest update on Viomi's share repurchase program?
As of December 31, 2025, Viomi has repurchased approximately 1.02 million ADSs for a total of US$2.5 million.
How much funding remains for Viomi's share repurchase program?
Approximately US$17.5 million remains available for future buybacks under the share repurchase program.
Who commented on the share repurchase program's progress?
Mr. Xiaoping Chen, Founder and CEO of Viomi, expressed confidence in the company's fundamentals and growth prospects.
What is Viomi's mission regarding water solutions?
Viomi's mission is “AI for Better water,” focusing on providing better drinking water solutions using AI technology.
What is the significance of Viomi's 'Water Purifier Gigafactory'?
The Gigafactory enhances efficiency and supports breakthroughs in water purification, helping accelerate global adoption of residential water filters.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VIOT Hedge Fund Activity
We have seen 21 institutional investors add shares of $VIOT stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- POINT72 HONG KONG LTD added 218,482 shares (+inf%) to their portfolio in Q3 2025, for an estimated $729,729
- TWO SIGMA INVESTMENTS, LP added 157,162 shares (+inf%) to their portfolio in Q3 2025, for an estimated $524,921
- ACADIAN ASSET MANAGEMENT LLC added 142,498 shares (+16.5%) to their portfolio in Q3 2025, for an estimated $475,943
- CITADEL ADVISORS LLC removed 129,471 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $432,433
- BARCLAYS PLC added 103,001 shares (+128.5%) to their portfolio in Q3 2025, for an estimated $344,023
- MORGAN STANLEY added 102,450 shares (+267.7%) to their portfolio in Q3 2025, for an estimated $342,183
- OASIS MANAGEMENT CO LTD. added 100,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $334,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
GUANGZHOU, China, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading technology company for home water solutions in China, today provided an update on its previously announced share repurchase program.
On October 24, 2025, the Company’s board of directors approved a share repurchase program, under which the Company may repurchase up to US$20 million worth of its American depositary shares (ADSs), ending on December 31, 2027.
As of December 31, 2025, the Company has repurchased approximately 1.02 million ADSs for a total of US$2.5 million under the program. Following these repurchases, approximately US$17.5 million remains available for future buybacks. The repurchases were funded using the Company’s existing cash reserves.
Mr. Xiaoping Chen, Founder and CEO of Viomi, commented: “We are pleased with the progress of our share repurchase program, which underscores our confidence in the Company’s fundamentals and long-term growth prospects. With our robust cash position and our ‘Global Water’ strategy, we are well-positioned to continue delivering sustainable value for our shareholders.”
About Viomi Technology
Viomi’s mission is “AI for Better water,” utilizing AI technology to provide better drinking water solutions for households worldwide.
As an industry-leading technology company in home water solutions, Viomi has developed a distinctive “Equipment + Consumables” business model. By leveraging its expertise in AI technology, intelligent hardware and software development, the Company simplifies filter replacement and enhances water quality monitoring, thereby increasing the filter replacement rate. Its continuous technological innovations extend filter lifespan and lower user costs, promoting the adoption of water purifiers and supporting a healthy lifestyle while effectively addressing the rising global demand for cleaner, fresher and healthier drinking water. The Company operates a world-leading “Water Purifier Gigafactory” with an integrated industrial chain that boasts optimal efficiency and facilitates continuous breakthroughs in water purification. This state-of-the-art facility enables Viomi to achieve economies of scale and accelerate the global popularization of residential water filtration.
For more information, please visit: https://ir.viomi.com .
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Viomi’s strategic and operational plans, contain forward-looking statements. Viomi may also make written or oral forward-looking statements in its periodic reports to the United States Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. 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: the Company’s growth strategies; the cooperation with Xiaomi, the recognition of the Company’s brand; trends and competition in global IoT-enabled smart home market; development and commercialization of new products, services and technologies; governmental policies and relevant regulatory environment relating to the Company’s industry and/or aspects of the business operations and general economic conditions in China and around the globe, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
Viomi Technology Co., Ltd
Claire Ji
E-mail:
[email protected]
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail:
[email protected]