China: 51job increases size of share repurchase programme
Fri, 20 Jun 2014
51job, a provider of integrated HR services in China, has increased the size of a share repurchase programme.
The programme, originally approved by shareholders on 30 September 2008, was increased to $75m (£44m), 51job said after the company’s general meeting of shareholders held in Shanghai today [20 June].
In addition, shareholders resolved to approve an amendment to the company’s articles of association to allow the company to purchase its own securities with the approval of the board without any further action of shareholders.