Home > News content

NetEase will buy over $1 billion of shares: it has now repurchased $376 million.

via:博客园     time:2018/5/17 12:02:28     readed:102

Beijing time May 17th morning news, NetEase (Nasdaq:NTES) today announced the first quarter of 2018 financial report, and also announced its share repurchase progress: by March 31, 2018, NetEase had bought back about 1 million 240 thousand shares of ADS, a total of about $376 million.

In November 15, 2017, the NetEase announced that its board of directors approved a new share repurchase plan. From November 16, 2017, the company will buy back ADS within a total of less than $1 billion in circulation within a period of no more than 12 months.

China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments