Livzon Pharmaceutical buys back 384,800 B shares in April
| May. 6, 2009 (China Knowledge) Zhuhai-based Livzon Pharmaceutical Group Inc<000513><200513>
bought back 384,800 HK dollar-denominated B shares in April this year,
according to the company's statement filed with the Shenzhen Stock
Exchange on Tuesday.
As of Apr. 30 2009, the company has repurchased a total of 7.2 million B shares, accounting for 2.35% of its total equity.
Livzon paid HK$68.84 million (including tax) for the shares, said the statement.
Livzon's B shares closed at HK$11.40 on Tuesday, much lower than its RMB-denominated A shares whose closing price hit RMB 24.0.
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