China Automotive Systems (CAAS) Announces $5M Share Buyback

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China Automotive Systems Announces Share Repurchase

April 11, 2022 6:00 AM EDT

-  CAAS's board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months -

WUHAN, China, April 11, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months. Repurchases... More