China Yuchai adopted a share buyback plan, of up to $40M or 4M shares, whichever occurs earlier. As of the end of market trading on August 12, the company repurchased a total of 3,226,159 shares for a total amount of approximately $38.5M. The shares purchased under the Company’s share buyback plan will be held as treasury shares. The company’s repurchase process remains ongoing.
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