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Ehang Holdings (EH) has released an update.

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EHang Holdings, a leader in Urban Air Mobility technology, has announced a $30 million share repurchase program, reflecting the company’s confidence in its long-term growth and commitment to shareholder value. The repurchases will be funded from existing cash and operational revenue, allowing EHang to maintain a disciplined approach to capital allocation while advancing its leadership in pilotless eVTOL solutions.

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