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CCM Buyback image

Concord Medical Services Holdings Limited Buyback

OLI recorded this information on 8/10/2015

Company: Concord Medical Services Holdings Limited
Buyback: CCM buyback
$Amount Authorized: $20,000,000
Buyback Details: Concord Medical Services Holdings Limited ("CCM," "Concord Medical" or the "Company") (NYSE: CCM), a leading specialty hospital management solution provider and operator of the largest network of radiotherapy and diagnostic imaging centers in China, today announced that its board of directors approved a share repurchase program, effective immediately. Under the program, and subject to applicable United States federal securities laws, Concord Medical is authorized to repurchase up to $20 million of its outstanding American depositary shares ("ADSs") from time to time for cash in open market transactions or by other means as long as the price per ADS is no more than $8.00, depending on market conditions and other factors. The program will be in force till September 30, 2016 and will be funded with the Company's available working capital.

Concord Medical Services Holdings is a holding company. Through its subsidiaries, Co. is principally engaged in the leasing of radiotherapy and diagnostic imaging equipment, provision of management services to hospitals and provision of cancer and proton treatment services.
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CCM — Key Stats (updated Fri., Apr. 26, 11:04 AM)
Company Name:  Concord Medical Services Holdings Ltd
Stock buyback:  CCM buyback
Website:  www.concordmedical.com
Sector:  Diagnostics
 

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April 28, 2024  •  6:11 PM Eastern
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