
Warren Buffett-backed Chinese electric vehicle and battery maker BYD Co (OTC:BYDDY) on Wednesday said it is adjusting the buyback price for shares traded on China's A-share market, CnEVpost reported, citing the company.
What Happened: Shenzhen-based BYD said it is adjusting the upper limit of its buyback price to no more than RMB 400 ($60) per share from no more than RMB 300 per share.