Dongfeng Sci-Tech Group Co., Ltd. commences an Equity Buyback Plan for CNY 60 million, under the authorization approved on November 7, 2018.
Dongfeng Sci-Tech Group Co., Ltd. (SZSE:200160) commences share repurchases on December 6, 2018, under the program mandated by the shareholders in the Extraordinary General Meeting held on November 7, 2018. As per the mandate, the company is authorized to repurchase its B shares, for a total of HKD 60 million. The shares will be repurchased at a price not exceeding HKD 1.2 per share. The program will be valid for 12 months from the date of the shareholder's meeting.