
Trade show organiser Global Sources launches share buyback30th June 2015 | published by EW SHARE
WORLD – Publisher and trade show organiser Global Sources, which produces resources to assist businesses to trade in China, has commenced a US$49.9m share buyback tender.
Earlier this month, the company announced plans to purchase up to 6,666,666 of its outstanding common shares – about 22.05 per cent – at US$7.50 per share.
The company, founded more than 40 years ago, listed on the NASDAQ in 2000.
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