Tranche Update on Phoenix Tours International, Inc.'s Equity Buyback Plan announced on March 18, 2016.
May 20, 2016 at 03:58 am
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From March 18, 2016 to May 20, 2016, the company has repurchased 2,685,000 shares, representing 4.4% for TWD 111.05 million. With this, the company has completed the repurchase of 2,685,000 shares, representing 4.4% for TWD 111.05 million under the buyback announced on March 18, 2016.
Phoenix Tours International, Inc. is a Taiwan-based company principally engaged in the travel agency businesses. The Companyâs primary tourism products include Asia route, the Americas route, Oceania route, Europe route, cruise line, Northeast Asia route and Mainland China route. The Company mainly operates through four business segments. The Group Travel segment is principally engaged in the planning, design, promotion of travel routes and provision of tourism-related services. The Domestic Transportation segment is mainly engaged in the domestic tour bus rental business. The Air Passengers and Freight Forwarding segment is mainly engaged in the passenger transport agency and freight forwarding businesses. The Ticketing segment is mainly engaged in the booking of air tickets, hotels, related documents and the leasing of transportation equipment. The Company mainly operates its businesses in domestic market.
PHOENIX TOURS INTERNATIONAL, INC. 
