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Wuliangye's Stock Price Has Fallen by Three-Quarters; the Company Plans to Repurchase Shares Worth 10 Billion Yuan | Stock Market
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On May 21, Yibin Wuliangye Co., Ltd. (Wuliangye) announced that it would spend up to 10 billion yuan (RMB) to repurchase company shares. As the Chinese liquor industry continues to decline, Wuliangye's stock price has fallen by three-quarters from its peak.
·New York, United States
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