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Smartphone maker Xiaomi plans $1.5 billion share buyback, shares jump - Euronews by fiftysats

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· @fiftysats ·
Smartphone maker Xiaomi plans $1.5 billion share buyback, shares jump - Euronews
## Smartphone maker Xiaomi plans $1.5 billion share buyback, shares jump - Euronews

<center>https://static.euronews.com/articles/wires/05/19/82/12/1000x563_smartphone-maker-xiaomi-plans-1-point-5-billion-share-buyback-shares-jump.jpg</center>

<center>**Click here to read source article from [Euronews.com](https://www.euronews.com/2019/09/03/smartphone-maker-xiaomi-plans-1-point-5-billion-share-buyback-shares-jump)**</center>

### Summary
SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Corp <1810.HK> said on Tuesday it will buy back up to HK$12 billion (1.25 billion pounds) worth of

### My Thoughts
This article from Euronews really sums up how I feel about the entire industry as a whole. It's a quick read so I suggest if you are interested to check out the source article.  I tried to summarize it the best I could for the rest of you.

### Thank you for Reading!

 This has been your business news update. Thank you so much for reading.  I do my best to bring Steem the most up to date news. Please don't forget to leave your thoughts and comments below.

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