Yantai North Andre Juice (SHA:605198, HKG:2218) plans to buy back between 120 million yuan and 180 million yuan of A-shares, according to a Friday filing with the Shanghai bourse.
The fruit juice manufacturer plans to repurchase 1.2 million to 1.8 million shares at 100 yuan apiece for its employee stock ownership program.
Andre Juice's Hong Kong shares fell 4% during afternoon trading.