16 July 2019

Shandong Chenming buys back HK$331 mln B shares, report says

Shandong Chenming Paper Holdings Ltd. (01812.HK, 000488.CN, 200488.CN) repurchased 86.57 million of its B shares from March 7 and Nov. 30 for HK$330.91 million (US$42.68 million), news website reported Wednesday, citing a company statement. The shares, priced between HK$3.38 and HK$4 apiece, represent a 4.2 percent stake in the company, the report said.

– Contact HKEJ at [email protected]




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