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Foster announced that the company plans to use centralized bidding to repurchase A-shares of unrestricted shares. The total capital is not less than 40 million yuan and no more than 60 million yuan, and the repurchase price is no more than 48 yuan/share. It is estimated that 833,300 shares to 1.25 million shares can be repurchased, accounting for 0.801% to 1.202% of the total share capital, for equity incentives or employee stock ownership plans. The implementation period shall not exceed 12 months from review and approval by the board of directors. As of the date of disclosure of the announcement, relevant personnel have no clear plans to increase or decrease their holdings. There are various risks of uncertainty in this repurchase.
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Foster announced that the company plans to use centralized bidding to repurchase A-shares of unrestricted shares. The total capital is not less than 40 million yuan and no more than 60 million yuan, and the repurchase price is no more than 48 yuan/share. It is estimated that 833,300 shares to 1.25 million shares can be repurchased, accounting for 0.801% to 1.202% of the total share capital, for equity incentives or employee stock ownership plans. The implementation period shall not exceed 12 months from review and approval by the board of directors. As of the date of disclosure of the announcement, relevant personnel have no clear plans to increase or decrease their holdings. There are various risks of uncertainty in this repurchase.
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