Chongqing Iron & Steel (HKG:1053, SHA:601005) repurchased 66,838,500 A shares as of the end of its share buyback program on Thursday, according to a Friday filing with the Hong Kong Exchange.
The iron and steel manufacturer bought back the shares at between 1.02 yuan and 1.08 yuan apiece for an aggregate amount of about 69.8 million yuan, the filing said.
Shares rose 1% during Friday's trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.