Brief: China Automotive Systems Announces Share Repurchase

China Automotive Systems

07/12/2018 11:13

China Automotive Systems Inc  CAAS.O :
    * CHINA AUTOMOTIVE SYSTEMS ANNOUNCES SHARE REPURCHASE
    * CHINA AUTOMOTIVE SYSTEMS INC - BOARD OF DIRECTORS APPROVED
A
SHARE REPURCHASE PROGRAM OF UP TO $5 MILLION OF ITS OUTSTANDING
COMMON SHARES
    * CHINA AUTOMOTIVE SYSTEMS INC - REPURCHASES WILL BE MADE IN
OPEN
MARKET TRANSACTIONS, AT PREVAILING MARKET PRICES NOT TO EXCEED
$4.00 PER SHARE
    * CHINA AUTOMOTIVE SYSTEMS INC - MEMBERS OF MANAGEMENT TEAM
MAY
MAKE ADDITIONAL SHARE PURCHASES IN ADDITION TO COMPANY
REPURCHASE.
    * CHINA AUTOMOTIVE SYSTEMS INC - MEMBERS OF MANAGEMENT TEAM
MAY
MAKE ADDITIONAL SHARE PURCHASES IN ADDITION TO COMPANY
REPURCHASE

Source text for Eikon:  ID:nPn7ck6jya 
Further company coverage:  CAAS.O