3 stories mentioning SHA:600418
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Anhui Jianghuai Automobile (SHA:600418), or JAC Motors, plans to undertake a share buyback of between 50 million yuan and 100 million yuan shares via centralized bidding.The shares will be repurchased for up to 64 yuan per share within three months after obtaining shareholder approval, according to a Wednesday filing with the Shanghai bourse.Shares of the automaker slipped 1% in recent trade.
Anhui Jianghuai Automobile or JAC Motors' (SHA:600418) sales fell 18% to 27,332 units in May from 33,351 units the previous year.Production declined 22% year over year to 27,285 units from 35,031 units, according to a Tuesday filing with the Shanghai bourse.Shares fell 3% in recent trade.
Anhui Jianghuai Automobile (SHA:600418), or JAC Motors, posted first-quarter attributable net loss of 606.0 million yuan, compared with 223.0 million yuan the previous year.Loss per share widened to 0.27 yuan from 0.10 yuan, according to a Wednesday filing with the Shanghai bourse.The automobile company's operating revenue went up 17% year over year to 11.5 billion yuan from 9.80 billion yuan.