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China Gerui Advanced Materials Group Limited Buyback

OLI recorded this information on 6/6/2014

Company: China Gerui Advanced Materials Group Limited
Buyback: CHOP buyback
Shares Announced Repurchased: 2,194,201
Buyback Details: As of the market close on Thursday, June 5, 2014, the Company has repurchased 2,194,201 of its ordinary shares at an average price of $2.88 per share for a total repurchase price of approximately $6.3 million.

China Gerui Advanced Materials is a holding company. Co., through its subsidiaries, is a China-based, non-state-owned contract manufacturer of high precision cold-rolled narrow strip steel products. Co. converts steel manufactured by third parties into thin steel sheets and strips according to Co.'s customers' specifications. Co. produces precision ultra-thin, high-strength cold-rolled steel products. Co. sells its products to domestic Chinese customers who primarily operate in the food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries.
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Company Name:  China Gerui Advanced Materials Group Ltd.
Stock buyback:  CHOP buyback
Website:  www.geruigroup.com
Sector:  Metals Fabrication & Products
 

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May 6, 2024    3:43 PM Eastern
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