UCLOUDLINK GROUP INC. ("UCLOUDLINK" or the "Company") (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$2,000,000 of its Class A ordinary shares until the close of business on December 31, 2027, U.S. Eastern Time.