Fanhua climbs on $20 mln share buyback plan
19/12/2022 16:34
** Shares of China-based financial services provider Fanhua
Inc FANH.O gain 4.2% to $7.88
** Co announces new share buyback plan worth $20
million urn:newsml:reuters.com:*:nGNX88JgXw
** Fanhua to use repurchased shares to pay for future
acquisitions, says CEO Yinan Hu
** Including session gains, stock up 24.5% YTD
(Reporting by Sourasis Bose in Bengaluru)
((Sourasis.bose@thomsonreuters.com))