Health yuan to buy no more than 25 million shares

Source: Internet
Author: User
Keywords No more than
NetEase Finance February 18 Health Yuan 18th issued a notice, said that will be spent not more than 300 million yuan repurchase not more than 25 million shares of companies, the price does not exceed 12.00 yuan/share.  The unit closed at 12.41 Yuan on 18th.  Health Yuan said the repurchase period was February 15, 2011 to February 14, 2012. According to the Health Yuan, management believes that the use of this repurchase fund will not affect the cash demand for its operations and will use the funds temporarily unused to the maximum effect.  After the repurchase is completed, the company's cash flow can still satisfy the normal production and operation activities.  As of December 31, 2010 (without audit), the total assets of the health yuan is 7.116 billion yuan, the owner of the listed company shareholders equity of 3.842 billion yuan, the ownership of the listed company shareholders net profit of 746 million yuan, health yuan business activities generated by the net cash flow of 1.101 billion yuan. Health Yuan 18th low open after concussion lower, closed down 1.27%, reported to 12.41 Yuan.
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