Aoyuan Buys Back 3.688 Million Shares at a Total Consideration of Approximately HK$19.51 Million
Date：2018-06-28
(June 28, 2018 – Hong Kong) China Aoyuan Property Group Limited (“Aoyuan” or the “Company”, Stock Code: 3883), a renowned property developer in China, is pleased to announce that on 28 June 2018, the Company bought back 3,688,000 Shares on the Hong Kong Stock Exchange, at a total consideration of HK$19,512,000 (excluding commission and other expenses) pursuant to the Share Buy-back Mandate, the Rules Governing the Listing of Securities on the Stock Exchange and the applicable laws of Hong Kong.
In light of the current market conditions, the Company considers that it is an appropriate timing to buy back Shares and the Share Buy-back is in the best interest of the Company and its shareholders.
For details, please refer to the Hong Kong Stock Exchange's website: