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Hengan repurchases more shares

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Hengan repurchases more shares

Chinese personal products maker Hengan International Group Co. Ltd. repurchased 5,111,000 of its common shares for about HK$268.56 million from Dec. 19-21, according to Hong Kong Stock Exchange filings.

On Dec. 19, Hengan purchased 2,284,000 common shares priced in the range of HK$51.90 to HK$53.00 per share, for a total consideration of about HK$119.5 million.

On Dec. 20, the company bought 2,659,500 shares at a per-share price range of HK$52.00 to HK$53.50, paying a total of approximately HK$139.9 million.

On Dec. 21, it purchased 167,500 shares at a price range of HK$54.40 to HK$54.60 per share, for a total payment of about HK$9.1 million.

The transactions, including previous buybacks on Dec. 17-18, bring the total number of repurchased shares so far this year to 7,308,000.