JA Solar announces share repurchase program

Shanghai, China - JA Solar Holdings Co., Ltd., a manufacturer of high-performance solar power products, announced that its board of directors has approved a share repurchase program, effective immediately, that authorizes JA Solar to repurchase up to a US$100 million worth of its issued and outstanding American Depositary Shares ("ADSs") prior to September 30, 2012.

The program permits the Company to purchase ADSs from time to time prior to September 30, 2012 on the open market at prevailing market prices, in accordance with applicable securities laws and subject to restrictions relating to volume, price and timing.

Source: IWR Online, 14 Jun 2012