Random Posts

Breaking

Tuesday 3 September 2019

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / Xiaomi plans $1.5 bn buyback to arrest stock tumble

Xiaomi plans $1.5 bn buyback to arrest stock tumble

by on in , , ,
Chinese smartphone maker Xiaomi Corp announced a HK$12 billion ($1.53 billion) share buyback plan on Tuesday, in a reversal of its cash-management strategy that is aimed at boosting its floundering stock. Xiaomi shares responded to news of the buyback, its biggest, by climbing nearly 7%.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2LhHTEC
via IFTTT
Author Image

About mani
Sora Blogging Tips is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of sora blogging tips is to provide the best quality blogger templates.

Related Posts:
By at
Labels: , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)