Brief: Fanhua Announces US$20 Mln Share Buyback Program

AIFU

28/08/2018 14:31

Aug 28 (Reuters) - Fanhua Inc  FANH.O :
    * FANHUA ANNOUNCES US$20 MILLION SHARE BUYBACK PROGRAM
    * FANHUA INC - PLANS TO FUND SHARE REPURCHASE PROGRAM WITH
ITS
AVAILABLE CASH RESERVE
    * FANHUA INC - INITIAL ROUND OF PURCHASE WILL BE UP TO US$20
MILLION AT A PRICE OF NO MORE THAN US$29 PER ADS BY SEPTEMBER
30, 2018

Source text for Eikon:  ID:nGNX5PtTQR 
Further company coverage:  FANH.O 

 ((Reuters.Briefs@thomsonreuters.com;))