Tianyin begins $3M repurchase program
Tianyin Pharmaceutical, a manufacturer and supplier of modernized traditional Chinese medicines based in Chengdu, China, has begun the initial purchase of shares under its previously-announced stock repurchase program.
In October 2008, the firm's board authorized the repurchase of up to $3.0 million of its common stock from time to time in the open-market or through privately-negotiated transactions. The buyback has now been extended through June 30.
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