Xinyuan Real Estate Co., Ltd. Buyback
OLI recorded this information on 5/4/2020
Company:
Xinyuan Real Estate Co., Ltd.
Buyback:
XIN buyback
$Amount Authorized:
$50,000,000
Buyback Details:
Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager operating primarily in China and also in other countries, today confirmed that it is continuing its previously announced common share/ADS repurchase program. The previously announced 2019 Share Repurchase Program was approved on May 20, 2019, for an aggregate purchase amount of shares up to US$50 million through the end of 2021. Over the course of 2019, the Company purchased approximately 5.9 million ADS.
Xinyuan Real Estate is a holding company. Through its subsidiaries, Co. is a real estate developer that focuses on developing residential projects, which consist of multiple residential buildings that include multi-layer apartment buildings, sub-high-rise apartment buildings or high-rise apartment buildings. Several of its projects include auxiliary services and amenities such as retail outlets, leisure and health facilities, kindergartens and schools. Co. also develops small-scale residential properties. In addition, Co. provides property management services for its developments and other real estate-related services to its customers.
Open the XIN Page at The Online Investor »
|
||||||||||||
Open the XIN Page at The Online Investor (in a new window) »
 Free XIN Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
|
Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
