Tangshan Jidong Equipment and Engineering Co. (0008563.SZ) announced on Monday that the controlling shareholder Jidong Development Group Co. had bought 1.4844 million shares in the company via the secondary market from December 7 to December 11, accounting for 0.65 percent of the total equity.
Previously, Jidong Development increased 406,500 shares of the Shenzhen-listed company via the secondary market on December 2, with the average price at 12.382 yuan per share.
According to an announcement released previously, Jidong Development will keep buying shares of the company in six months from July 15 until the added shares account for 0.5-1 percent of the total equity.
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