Giant to Repurchase Up to USD 150m in Shares
Giant Interactive Press Release, 8/11/08
Chinese online game developer and operator Giant Interactive (NYSE: GA) has announced a share repurchase program. Under the terms of the program, Giant may repurchase up to USD 150 mln worth of issued and outstanding American Depositary Shares (ADSs). The timing of the purchases will be determined by market conditions, with the repurchases being made at prevailing market prices.
Keywords: GA Giant Interactive Internet ADS online gaming