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BRIEF-Lextar Electronics to repurchase 6.2 pct stake shares at up to T$7 bln
March 9, 2017 / 10:36 AM / 6 months ago

BRIEF-Lextar Electronics to repurchase 6.2 pct stake shares at up to T$7 bln

March 9 (Reuters) - Lextar Electronics Corp:

* Says it will repurchase 35 million shares of its common stock (a 6.2 percent stake) during the period from March 10 to May 9

* Says the price range of shares to be repurchased is T$12 per share ~ T$22 per share

* Total share repurchase consideration is T$7 billion

Source text in Chinese: goo.gl/VuqbBA

Further company coverage: (Beijing Headline News)

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