China Yuchai International announced on Thursday that its board of directors has approved the termination of its share buyback plan, effective immediately.
According to the Securities Times app, China Yuchai International (CYD.US) announced on Thursday that its board of directors has approved the termination of its share buyback plan, effective immediately.
The buyback started on June 7th, and as of today, the company has repurchased 3.3 million shares, totaling $39.8 million. The company also added that the shares purchased under the buyback plan will temporarily be held as treasury stocks.
