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NetQin Chairman Swenyong and other executives buy back 1 million U.S. dollars ads

Source: Internet
Author: User
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Summary: View the latest quotes Sina science and technology news Beijing time, January 6, the Network Qin (NYSE:NQ) today announced the company's share repurchase plan and management of repurchase commitments in the latest progress. December 31, 2014, chairman of the Network Qin, co-founder and deputy CFO history to see the latest market

Sina Science and technology news Beijing time of January 6, the Network Qin (NYSE:NQ) today announced the company's stock repurchase plan and management of repurchase commitments in the latest progress.

December 31, 2014, chairman of the Network Qin, co-founder and deputy CFO Swenyong and other executive members of the 10b5-1 plan to buy back in the open market in total about 4 million U.S. Depository Shares (ADS).

As of January 5, 2015, net Qingau has bought 239,500 shares of ads under the plan. The average repurchase price is USD 4.14 and the total amount is about $991,000.

In addition, according to the company's previously announced stock repurchase plan, NetQin can also buy more than 10 million dollars in the open market repurchase shares.


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