China Yuchai Approves Equity Incentive Plans to Be Implemented by Its Subsidiaries [Yahoo! Finance]
China Yuchai International Limited (CYD)
Last china yuchai international limited earnings: 3/30 06:00 am
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Source: Yahoo! Finance
of Directors has approved two equity incentive plans, proposed to be implemented by its Chinese subsidiaries, Guangxi Yuchai Machinery Company Limited (" GYMCL ") and Guangxi Yuchai Marine and Genset Power Co., Ltd. (" MGP "), in respect of equity interests in MGP (collectively, the " Equity Plans "). GYMCL is a 76.41%-subsidiary of China Yuchai and MGP is a wholly-owned subsidiary of GYMCL. Pursuant to the Equity Plans, the registered capital of MGP will be increased by RMB28.00 million (approximately US$3.94 million ), representing approximately 6.54% of the enlarged equity interest of MGP (the " MGP Interest "). The participants of the Equity Plans (the " Participants "), who are selected directors, officers and other employees of GYMCL and its subsidiaries (including MGP) (the " GYMCL group "), will contribute an aggregate amount of RMB82.88 million (approximately US$11.66 million ) for the subscription of the MGP Interest, at a price of RMB2.96 (approximately US$0.42 ) per RMB1
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News
- China Yuchai International Limited (NYSE: CYD) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- China Yuchai International Limited (NYSE: CYD) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- China Yuchai International Limited (NYSE: CYD) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Returns On Capital Signal Difficult Times Ahead For China Yuchai International (NYSE:CYD) [Yahoo! Finance]Yahoo! Finance
- China Yuchai Adopts Share Buyback Plan [Yahoo! Finance]Yahoo! Finance
CYD
Sec Filings
- 6/7/24 - Form 6-K
- 5/30/24 - Form SD
- 4/26/24 - Form 20-F
- CYD's page on the SEC website