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FINWIRES

Haier Smart Home Plans Buyback of Up to 81 Million Frankfurt-Listed Shares

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Haier Smart Home (HKG:6690, SHA:600690) plans to repurchase up to 81.04 million D-shares, or about 30% of its outstanding D-shares, at 1.87 euros per share, according to a Wednesday filing with the Hong Kong Exchange.

The appliance maker's D-shares are traded on the Xetra platform of the Frankfurt Stock Exchange.

The buyback will run from Sept. 4 through Sept. 29, with the repurchased D-shares to be canceled, the filing said.

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