YTL Power buys back 67.5m shares for RM124.25m

KUALA LUMPUR: YTL Power International Bhd has stepped up its share buyback programme, purchasing 67.516 million shares in October for RM124.25mil.

Filings with Bursa Malaysia on Thursday showed YTL Power bought 56.314 million shares from Oct 7 to 11 for RM103.58mil. The shares were bought at prices ranging from RM1.80 to RM1.89.

YTL Power had on Thursday also bought 11.202 million shares for RM20.675mil. The shares were bought at prices ranging from RM1.83 to RM1.85.

The recent share buybacks resulted in the cumulative net outstanding treasury shares to date at 273.928 million shares or 3.84%.