AirAsia launches share buyback

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/AirAsia-launches-share-buyback-30281794.html

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The Star
HOME AEC BUSINESS THU, 17 MAR, 2016 1:32 AM

KUALA LUMPUR – Low-cost carrier AirAsia Bhd, which has seen its shares rally over the recent weeks following a turnaround in its financial performance, launched its first share buyback.

A filing with Bursa Malaysia on Wednesday showed that it bought back 100,000 shares on March 2.

The average price which it paid for the shares was RM1.59 or a total of RM159,000.

In an earlier filing, the Employees Provident Fund Board ceased to be a substantial shareholder after it disposed of 7.30 million shares on March 7.

The sale of the shares saw its shareholding reduced from 145.98 million shares or 5.24% to 138.68 million shares.

During the rally in the share price, the EPF had disposed of 8.28 million shares on March 4.

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