JinkoSolar Board Approves Repurchase Of Up To $200 Mln ADSs

RTTNews | 1065 dias atrás
Stocktwits
JinkoSolar Board Approves Repurchase Of Up To $200 Mln ADSs

(RTTNews) - Chinese solar module manufacturer JinkoSolar Holding Co., Ltd. (JKS) announced Wednesday that its board of directors has approved a share repurchase program, which authorizes the Company to repurchase up to $200 million of its ordinary shares represented by American depositary shares (ADSs) during an 18-month period.

The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices in open-market transactions, privately negotiated transactions or block trades, and/or through other legally permissible means, depending on market conditions and in accordance with the applicable rules and regulations.

The timing and conditions of the share repurchases will be subject to various factors including the requirements under Rule 10b-18 and Rule 10b5-1 of the Exchange Act, as well as JinkoSolar's insider trading policy. JinkoSolar plans to use its existing funds to fund repurchases made under the share repurchase program.

Etiquetas: JKS
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JinkoSolar Q1 Profit Declines - Update

JinkoSolar Q1 Profit Declines - Update

JinkoSolar Holding Co., Ltd. (JKS) reported Monday that net income attributable to the company's ordinary shareholders for the first quarter declined to RMB609.40 million or US$84.40 million from RMB788.65 million in the prior-year quarter. Earnings per ADS were RMB5.36 or US$0.74, compared to RMB14.95 last year.
RTTNews | 402 dias atrás
JinkoSolar Slips To Loss In Q2

JinkoSolar Slips To Loss In Q2

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RTTNews | 1014 dias atrás
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Sensex, Nifty Seen Little Changed Before RBI's Rate Decision

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RTTNews | 1 h 54 min atrás
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RTTNews | 2 h 1 min atrás
Thai Stock Market May Head South Again On Friday

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RTTNews | 2 h 59 min atrás
China Shares Due For Consolidation On Friday

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RTTNews | 3 h 59 min atrás
Hong Kong Bourse May Spin Its Wheels On Friday

Hong Kong Bourse May Spin Its Wheels On Friday

The Hong Kong stock market has moved higher in three consecutive sessions, accelerating almost 750 points or 3.5 percent along the way. The Hang Seng Index now sits just above the 23,900-point plateau although it's likely to be stuck in neutral on Friday.
RTTNews | 4 h 29 min atrás
Profit Taking Expected For Taiwan Stock Market

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The Taiwan stock market has moved higher in three straight sessions, accelerating almost 680 points or 3.2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 21,675-point plateau although investors may cash in on Friday.
RTTNews | 4 h 29 min atrás
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