291 views

Yangzijiang Financial Holding puts up $200m share buy-back programme

It will increase shareholders’ value and improve return on equity.

Yangzijiang Financial Holding Limited established an over $200m share buy-back programme following the share buy-back mandate granted by the company’s shareholders during a meeting on 8 June 2022.

According to its statement, Yangzijiang Financial Holding Limited said the programme seeks to raise shareholders’ value and enhance the return on equity of their firm.

The company intends to buy up to $200m of shares of the firm through market purchases.

The maximum number of shares that may be purchased by the firm under the programme is 395,058,922, which amounts to 10% of the issued shares.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Sasseur REIT extends sponsor loan maturity
The agreement extends the maturity of the sponsor loan from March 2025 to March 2030.
Markets
GuocoLand to redeem $400m perpetual securities
The securities were issued under the group’s $3b multicurrency note programme.