Brief: China Feihe Says Will Repurchase Shares Of Co On Open Market

China Feihe

09/06/2021 12:53

June 9 (Reuters) - China Feihe Ltd  6186.HK :
    * TO REPURCHASE SHARES OF CO ON OPEN MARKET
    * PROPOSES TO USE UP TO US$200 MILLION IN FUNDS FOR
REPURCHASE
    * TO FINANCE REPURCHASE FROM EXISTING AVAILABLE CASH
RESERVES &
FREE CASH FLOW
    * CONFIDENT OF ACHIEVING MEDIUM-TERM BUSINESS TARGET SET FOR
2023
AND LONG-TERM BUSINESS TARGET SET FOR 2028


Further company coverage:  6186.HK 

 (Reuters.Briefs@thomsonreuters.com)