Companies

Vankedoesn't buy back any shares in Oct.

BEIJING
2015-11-03 11:19

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China Vanke Co., Ltd. (000002.SZ), China's largest property developer, announced on Tuesday that it had spent 160.14 million yuan on buying back 12.48 million A shares of its own by October 31, 2015, or 0.113 percent of its total stock capital.

The repurchase prices range from 12.57 yuan to 13.16 yuan per share, said the developer. The figures made no change to its announced data till the end of September, indicating the company didn't make any buyback in October.

According to an earlier buyback plan, Vanke has planned to spend no more than 10 billion yuan to buy back its A shares at no higher than 13.2 yuan per share before December 31, 2015. Vanke's A shares closed at 13.56 yuan per share on Monday.

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