Beijing Holdings (00392.HK) announced that it will buy back 500000 shares on January 5, with an average repurchase price of about 27.50 yuan and an investment of about 13.75 million yuan.
Xiong Bin, executive director and chief executive of Beijing Holdings, said it was in the interests of the company and shareholders to launch a buyback in response to investors' long-standing support for BEHL.