Did you know?
ChinaBio® Group is an investment, consulting and media firm helping western life science companies achieve success in China. ChinaBio works with U.S., European and APAC companies seeking partnerships, acquisitions, novel technologies and funding in China.  

>> Learn more…

Site Search

>> Advanced Search

  Quick Search:

Free Newsletter

  Email address:

American Oriental Bioengineering: All Dressed Up, Nowhere to Go

publication date: Mar 22, 2011
View a Printer Friendly version of this page, allowing you to print the page. Send a summary of this page to someone via email.
American Oriental Bioengineering has announced that the company’s Board of Directors authorized a $20 million share buyback. Sometimes, Board of Directors decide to initiate buybacks after reaching a high-minded, well-researched decision that its own stock is the best investment available anywhere on the globe. More often, buybacks are a small sop thrown to shareholders to lessen the pain from negative news. Unfortunately, this is a case of the latter. We explain why. More details....

Stock Symbol: (NYSE: AOB)     Share this with colleagues:  

This article is available for purchase - please click here for details.

Sorry... this feature or article is only available to subscribers.

>> Learn more about our subscription plans...

>> Free email newsletter...

>> Login...