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Oshcon announced that the company plans to use its own and/or self-funded funds to repurchase shares for an amount not less than 60 million yuan, no more than 120 million yuan, and a repurchase price of no more than 87.87 yuan/share. According to the upper limit, it is estimated that 1.365,700 shares will be repurchased, accounting for 0.4303% of the total share capital; according to the lower limit, 682,800 shares are expected to be repurchased, accounting for 0.2152%. Shares will be repurchased for equity incentives or employee stock ownership plans. If not used within 36 months, the unused portion will be cancelled. The repurchase period does not exceed 12 months, and the plan has been approved by the board of directors. Furthermore, the company indicated risks such as the possibility that the repurchase could not be implemented.
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Oshcon announced that the company plans to use its own and/or self-funded funds to repurchase shares for an amount not less than 60 million yuan, no more than 120 million yuan, and a repurchase price of no more than 87.87 yuan/share. According to the upper limit, it is estimated that 1.365,700 shares will be repurchased, accounting for 0.4303% of the total share capital; according to the lower limit, 682,800 shares are expected to be repurchased, accounting for 0.2152%. Shares will be repurchased for equity incentives or employee stock ownership plans. If not used within 36 months, the unused portion will be cancelled. The repurchase period does not exceed 12 months, and the plan has been approved by the board of directors. Furthermore, the company indicated risks such as the possibility that the repurchase could not be implemented.
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