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JPT announced that it plans to use its own funds or self-raised funds to repurchase the company's shares through centralized bidding transactions. The total repurchase capital shall not be less than RMB 50 million and no more than RMB 70 million, and the repurchase price shall not exceed 550 yuan/share. It is proposed that all of the shares repurchased will be cancelled and the registered capital of the company reduced. Based on the maximum repurchase price, the estimated number of shares to be repurchased is 90,900 to 127,300 shares, accounting for 0.10% to 0.13% of the total share capital. The repurchase period is within 12 months from the date the company's shareholders' meeting reviewed and approved the repurchase plan.
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JPT announced that it plans to use its own funds or self-raised funds to repurchase the company's shares through centralized bidding transactions. The total repurchase capital shall not be less than RMB 50 million and no more than RMB 70 million, and the repurchase price shall not exceed 550 yuan/share. It is proposed that all of the shares repurchased will be cancelled and the registered capital of the company reduced. Based on the maximum repurchase price, the estimated number of shares to be repurchased is 90,900 to 127,300 shares, accounting for 0.10% to 0.13% of the total share capital. The repurchase period is within 12 months from the date the company's shareholders' meeting reviewed and approved the repurchase plan.
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