11:03 AM EDT, 10/31/2024 (MT Newswires) -- China Yuchai International ( CYD ) said Thursday its board terminated a stock repurchase plan, effective immediately.

The company said that under the plan that was adopted June 7, it was to repurchase up to $40 million or 4 million of its ordinary shares, whichever happened earlier.

China Yuchai ( CYD ) said that so far, it has bought back about 3.3 million shares amounting to roughly $39.8 million.

The company said its outstanding shares will fall to about 37.5 million from about 40.9 million upon the termination of the buyback.

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