Asia
Dongguan Yiheda Automation to Buy Back Up to 100 Million Yuan of Shares
Dongguan Yiheda Automation (SHE:301029) is looking to buy back between 60 million yuan and 100 million yuan of shares, according to a Monday after-hours filing with the Shenzhen bourse.The industrial automation equipment manufacturer plans to repurchase between 2 million and 3.3 million shares for up to 30 yuan apiece through centralized bidding.The shares will be used for employee stock ownership plans.
SHE:301029
