High Energy Era announced that it plans to repurchase the company's shares for 100 million yuan to 200 million yuan. The repurchase price will not exceed 20 yuan/share. This price is not higher than 150% of the average trading price of the company's shares in the 30 trading days before the board of directors passed this repurchase plan resolution. The purpose of repurchasing shares is to implement equity incentives or employee stock ownership plans. The repurchase method is to repurchase through centralized bidding transactions through the Shanghai Stock Exchange trading system. The repurchase period is within 12 months from the date the company's board of directors reviews and approves the repurchase plan. Based on the maximum repurchase price, the estimated number of shares to be repurchased is 5 million to 10 million shares, accounting for 0.33%-0.66% of the total share capital.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.