Yonyou Network nears completion of 50m yuan buyback program

Yonyou Network Technology has bought back 4.14 million shares worth 50.1 million yuan as of July 31, nearly completing its share repurchase program.

The company paid between 9.87 and 18.44 yuan per share for the buybacks, which represent 0.121% of total share capital. The repurchased shares are intended for employee stock ownership plans and equity incentives.