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BRIEF-Sanyang Motor to repurchase 4.6 pct stake shares at up to T$3.21 bln in total
March 29, 2017 / 8:54 AM / 6 months ago

BRIEF-Sanyang Motor to repurchase 4.6 pct stake shares at up to T$3.21 bln in total

March 29 (Reuters) - Sanyang Motor Co Ltd:

* Says it will repurchase 40,000,000 shares of its common stock (a 4.6 percent stake) during the period from March 29 to May 26

* Says the price range of shares to be repurchased is T$15 per share to T$32 per share

* Total share repurchase consideration is up to T$3.21 billion

Source text in Chinese: goo.gl/1OVz4f

Further company coverage: (Beijing Headline News)

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