Share Repurchase Program Initiated By Focus Media
Aggregated Source: ChinaTechNews.com
July 17, 2008|
China's Focus Media (FMCN) says its board of directors has approved a share repurchase program to repurchase up to USD100 million worth of its issued and outstanding American depositary shares.
Tan Zhi, chief executive officer of Focus Media, stated, "Our board's approval of the share repurchase program reflects our commitment to increase shareholder value and our [...]
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Copyright ChinaTechNews.com
Original URL: Click here to visit original article
Copyright ChinaTechNews.com
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