Buy Back Stock

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Perfect time for 52.4 million dollars to buy back stock

⊙ reporter Win Ting 2nd morning, the perfect time and space limited liability company announced the signing of the agreement, will be about 52.4 million U.S. dollars to SoftBank Asia Investment Fund II ("soft silver Race rich") repurchase about 1.203 million shares of company a common stock and about 11.296 million shares of the company B-Class shares. Prior to the July 2007 IPO, SoftBank invested in the company's a-series convertible preferred Shares, which were automatically converted to a common stock of Class A in the IPO, some of which were further converted into Class B common shares of the company. It is reported that the perfect ...

Ctrip announces Board approval to use cash to buy back stock

Ctrip (NASDAQ Global Select Market: CTRP) announced today that the company's board of Trustees has approved a new stock repurchase scheme with a maximum repurchase amount of $600 million. Ctrip is expected to use existing cash to buy back the stock, which is currently held mainly in cash-form revenues and cash from the company's convertible bonds issued in 2012 and 2013. The repurchase will be executed in accordance with the 10b5-1 and/or 10b-18 terms of the 1934 US Securities Trading Act, in accordance with the open market current price or outside the market.

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