Tuniu Corp: Up on $10 mln share buyback plan

Tuniu

30/09/2020 11:35

** U.S.-listed shares of Chinese online leisure travel
company  TOUR.O  up 11% at $1.00 premarket
    ** Announces share repurchase program worth $10 mln
 urn:newsml:reuters.com:*:nPnc4wFzQa
    ** Buyback over the next 12 months - co
    ** TOUR plans to fund repurchases from its available cash
balance
    ** Up to Tuesday's close, stock down ~63% YTD 

 (Reporting by Shivani Kumaresan in Bengaluru)
 ((Shivani.Kumaresan@thomsonreuters.com ; +1 646 223 8780;))