China Yuchai International (CYD) has released an update.
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China Yuchai International has announced the termination of its share buyback plan, initially set to repurchase up to $40 million worth of shares. The company successfully bought back 3,339,968 shares, totaling nearly $39.8 million, reducing outstanding shares from 40.8 million to 37.5 million. This decision is significant for investors as it impacts the company’s stock value and market presence.
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