HENGAN INT'L (1044 : HK) Sector: CONS    
Hengan International (1044.HK) resumes buying back at lower prices
Personal hygiene products manufacturer and distributor Hengan International Group Company Limited (1044.HK) [MKT CAP 80B] resumed buying back at lower than its acquisition prices from March 2014 to September 2015 with 3.4 million shares purchased from January 12 to 21 at $65.45 to $65.95 each or an average of $65.66 each [3MTH +1%(73%)/6MTH -1%(60%) 37 FILINGS-2000]. The trades, which accounted for 11% of the stock's trading volume, were made on the back of the 23% drop in the share price since November 2015 from $84.75. The Group previously acquired 6.34 million shares from July 8 to September 4, 2015 at $79.70 to $71.00 each or an average of $74.29 each and 7 million shares from March to October 2014 at $79.95 to $74.45 each or an average of $78.15 each. Prior to the buybacks since March 2014, the Company acquired 18.1 million shares from November 1999 to August 2000 at an average of $2.17 each. The Company announced its 1H results in August 2015 with profit attributable to shareholders up by 10.8% to $1.967 billion for the 6 months to 30 June 2015. The stock closed at $67.00 on January 22 (Asia Insider News Jan 22, 2016).
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SECTORS
SECTORS DEFINITION
CONS Consumer Goods
FIN Financial Services
FOOD Food & Beverage
HEALTH Health Services
HOSP Hospitality
INFRA Infrastructure
MAT Materials
MEDIA Publishing, TV, Film
PTY Property
SERV Services
TECH Technology
TRANS Transport Services
UTY Utilities


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