China’s Xiaomi boosts shares with $1.5 billion buyback plan

September 3, 2019 admin Business News Comments Off on China’s Xiaomi boosts shares with $1.5 billion buyback plan

Chinese smartphone maker Xiaomi Corp said on Tuesday it will buy back up to HK$12 billion ($1.53 billion) worth of stock in its biggest equity repurchase, sending its shares up nearly 7%.

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Source:: Reuters – Business News