Taiwan: Goldsun Building proposes 100 million share buy-back programme

Between 26 August 2015 and 23 October 2015, Taiwan-based Taiwan Goldsun Building Materials (Goldsun Building) will be repurchasing 100 million of its shares on the open market. The price will be TWD 6 (€0.16/US$0.18) to TWD 10 apiece, announced the ready-mixed concrete manufacturer and distributor. The share buy-back proposal, which will involve 6.58% of Goldsun Building's outstanding shares, was approved by the company's board on 25 August 2015. Goldsun Building plans to stabilise its share price
August 26, 2015 Read time: 1 min

Between 26 August 2015 and 23 October 2015, Taiwan-based Taiwan Goldsun Building Materials (Goldsun Building) will be repurchasing 100 million of its shares on the open market.

The price will be TWD 6 (€0.16/US$0.18) to TWD 10 apiece, announced the ready-mixed concrete manufacturer and distributor.

The share buy-back proposal, which will involve 6.58% of Goldsun Building's outstanding shares, was approved by the company's board on 25 August 2015.

Goldsun Building plans to stabilise its share price through the share buy-back programme.

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