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Southeast Electronics announced that the company plans to use its own funds to repurchase shares through centralized bidding, with capital not less than 14 million yuan and no more than 28 million yuan. The repurchase price is no more than 23.21 yuan/share. The estimated number of shares to be repurchased is 603,188 - 1,206,376 shares, accounting for about 0.5%-1% of the company's total share capital. Shares are repurchased for equity incentives or employee stock ownership plans. If not used up within three years, they will be cancelled according to law. The repurchase period is 12 months from the date of review and approval by the board of directors. There are various risks of uncertainty in this repurchase.
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Southeast Electronics announced that the company plans to use its own funds to repurchase shares through centralized bidding, with capital not less than 14 million yuan and no more than 28 million yuan. The repurchase price is no more than 23.21 yuan/share. The estimated number of shares to be repurchased is 603,188 - 1,206,376 shares, accounting for about 0.5%-1% of the company's total share capital. Shares are repurchased for equity incentives or employee stock ownership plans. If not used up within three years, they will be cancelled according to law. The repurchase period is 12 months from the date of review and approval by the board of directors. There are various risks of uncertainty in this repurchase.
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