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Tongda Electric announced that due to the implementation of the 2026 semi-annual equity distribution, the company adjusted the maximum share repurchase price from no more than 15.84 yuan/share to no more than 15.74 yuan/share. The adjustment will take effect from September 28, 2026. The total repurchase capital is not less than 10 million yuan and no more than 20 million yuan. The repurchase of shares is used for employee stock ownership plans and/or equity incentives. The repurchase period is 12 months from the date the board of directors deliberates and approves the repurchase plan. Apart from the adjustment of the upper limit of the repurchase price, there are no changes in other repurchase matters.
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Tongda Electric announced that due to the implementation of the 2026 semi-annual equity distribution, the company adjusted the maximum share repurchase price from no more than 15.84 yuan/share to no more than 15.74 yuan/share. The adjustment will take effect from September 28, 2026. The total repurchase capital is not less than 10 million yuan and no more than 20 million yuan. The repurchase of shares is used for employee stock ownership plans and/or equity incentives. The repurchase period is 12 months from the date the board of directors deliberates and approves the repurchase plan. Apart from the adjustment of the upper limit of the repurchase price, there are no changes in other repurchase matters.
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