Buyback approved

Source: Agencies | January 10, 2009, Saturday |

Print Edition

ALUMINUM Corp of China Ltd, the nation's biggest producer of the metal, said shareholders granted its board a general mandate to buy back as much as 10 percent of its Hong Kong shares. Shareholders approved the plan at a meeting on December 29, the firm, known as Chalco, told Hong Kong's stock exchange yesterday. Its registered share capital will be reduced by the buyback, according to the statement.

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Buyback approved

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