ZTE Says to Buy Back A-Shares for 1-1.2 Bln Yuan for Employee Incentive Program

Reuters12-12 13:04

Dec 12 (Reuters) - ZTE Corp <000063.SZ>::
*SAYS TO BUY BACK A-SHARES FOR 1-1.2 BILLION YUAN ($141.74-$170.08 million) FOR EMPLOYEE INCENTIVE PROGRAM

ZTE shares gained abou 5% in Hong Kong, and rose about 2% in mainland market.

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