BEST Approves Share Buyback Up To $20M

BEST Inc. (NYSE:BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced that its

BEST Inc. (NYSE:BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced that its board of directors has authorized a share repurchase program, under which BEST may repurchase up to US$20 million worth of its outstanding American Depositary Shares (“ADSs”) over the next 12 months.

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What’s Going On With Sam Altman’s SPAC AltC Stock?

AltC, a special acquisition company headed by Sam Altman, is targeting a merger with Oklo. Oklo is an advanced nuclear fission start-up company which also counts Altman as a board member. The companies announced that they entered into a definitive business combination agreement on July 11, 2023.  If approved and upon closing, the combined company will be listed on the New York Stock Exchange under the ticker symbol "OKLO."

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