
Shanghai Yizhong Pharmaceutical Chairman Proposes Up to 35-Million-Yuan Share Buyback

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(MT Newswires) -- Shanghai Yizhong Pharmaceutical (SHA:688091) Chairman Zhou Jinsong proposed to repurchase between 30 million yuan and 35 million yuan of shares, according to a Friday filing with the Shanghai bourse. The shares will be repurchased within 12 months from the announcement of the buyback results and shareholding changes, the filing said. Shares closed 3% higher during afternoon trading on Friday.

