05:02 AM EDT, 09/20/2022 (MT Newswires) -- Zhongsheng Group (HKG:0881) repurchased 353,000 shares for about HK$11.5 million ($1.5 million), according to a Monday stock filing.
The repurchased shares, which represent 0.01% of the automobile distribution company's total issued shares, were priced between HK$32.25 and HK$32.90 apiece.
Zhongsheng will subsequently cancel the repurchased shares.
Shares jumped more than 3% during Tuesday's close of trading.
Price (HKD): $34.05, Change: $+1.10, Percent Change: +3.34%