VisionChina Media (VISN) Approves Stock Buyback Plan
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VisionChina Media (Nasdaq: VISN) announced that its board of directors has approved a share repurchase plan, subject to shareholder approval.
The Company has been authorized, but is not obligated, to repurchase up to US$50 million worth of its own American depositary shares ("ADSs") by December 31, 2009.
VisionChina Media Inc. operates an out-of-home advertising network on mass transportation systems, including buses and subways that reach over 26 million viewers each day in China, according to CTR Market Research. [SM]
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Its CFO is leaving
Ashley on Apr 22, 2009 07:33 AMI have heard that its CFO (Ms.Liu) is leaving in one month.