China Automotive Systems approved a $5 million share repurchase program. Stock symbol: Nasdaq: CAAS.
In Wuhan, China, on November 18, 2024, China Automotive Systems, Inc. (Nasdaq: CAAS), a prominent supplier of power steering components and systems in China, disclosed the approval by its board of directors for a share repurchase initiative. The program allows for the repurchase of up to $5 million worth of shares.
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