China Yuchai Ends Share Buyback Plan, Reduces Shares
Company Announcements

China Yuchai Ends Share Buyback Plan, Reduces Shares

China Yuchai International (CYD) has released an update.

China Yuchai International has announced the termination of its share buyback plan, initially set to repurchase up to $40 million worth of shares. The company successfully bought back 3,339,968 shares, totaling nearly $39.8 million, reducing outstanding shares from 40.8 million to 37.5 million. This decision is significant for investors as it impacts the company’s stock value and market presence.

For further insights into CYD stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyChina Yuchai terminates share buyback program
TheFlyChina Yuchai price target raised to $15 from $12.50 at Greenridge
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App