BRIEF-Fosun Pharmaceutical To Buy Back Shares

Reuters

01-22

BRIEF-Fosun Pharmaceutical To Buy Back Shares

Jan 22 (Reuters) - Shanghai Fosun Pharmaceutical 600196.SS:

SAYS IT PLANS TO BUY BACK 300-600 MILLION YUAN ($41.28-82.57 million) OF COMPANY A-SHARES BETWEEN JAN 22 AND JULY 21
SAYS IT PLANS TO BUY BACK UP TO 27.6 MILLION COMPANY H-SHARES WITHIN SAME PERIOD
SAYS UNIT'S PLAN TO MERGE WITH HENLIUS BIOTECH FAILED TO PASS HENLIUS'S SHAREHOLDER MEETING

Source text

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Further company coverage: 600196.SS

($1 = 7.2666 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((yukun.zhang@thomsonreuters.com;))

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