China Yuchai International Limited announced on October 31, 2024, that its Board of Directors approved the immediate termination of its share buyback plan. The plan, adopted on June 7, 2024, authorized the Company to repurchase up to US$40 million or 4 million ordinary shares, whichever occurred earlier.
As of the termination date, China Yuchai had repurchased a total of 3,339,968 shares, amounting to US$39,825,731. These repurchased shares are designated to be held as treasury shares by the Company.
The termination of the plan results in a reduction of the Company's outstanding shares from 40,858,290 to 37,518,322. This action finalizes the Company's share repurchase activities under this specific authorization.
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