China Yuchai Nears Share Buyback Plan Limit

China Yuchai International (CYD) has released an update.

China Yuchai International Limited has actively pursued its share buyback plan, repurchasing 3,226,159 shares for nearly $38.5 million, nearing the plan’s $40 million limit. The acquired shares are to be held as treasury shares, with the repurchase program still in progress. China Yuchai, known for manufacturing a diverse range of engines and for its significant market share in China, continues to strengthen its market position.

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