Geely Auto to launch HKD 2.3 billion share repurchase program
On October 6, Geely Auto announced on the Hong Kong Exchanges and Clearing Limited (HKEX) a share repurchase program worth up to HKD 2.3 billion. The repurchase funds come from Geely Auto’s existing capital and cash reserves.
Upon approval of the program, Geely Auto will repurchase shares in the open market through a