Tuniu (TOUR) Approves $150M Common Stock Buyback Plan
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Tuniu Announces US$150 Million Share Repurchase Program
August 23, 2016 5:37 AM EDTNANJING, China, Aug. 23, 2016 /PRNewswire/ --Â Tuniu Corporation (NASDAQ: TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today its Board of Directors has authorized a share repurchase program under which the Company may repurchase up to US$150 million worth of its ordinary shares or American depositary shares representing ordinary shares over the next 12 months.
The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or... More
