-+ 0.00%
-+ 0.00%
-+ 0.00%
Wuhan Tianyuan announced that it intends to use its own funds and/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 100 million, and the repurchase price shall not exceed RMB 22.07 per share. The repurchase of shares will be used entirely to cancel and reduce the registered capital. Based on the upper limit of the total repurchase capital and the upper limit of the repurchase price, the estimated number of shares to be repurchased is 4,530,500 shares, accounting for 0.67% of the company's total share capital; based on the lower limit, the estimated number of shares to be repurchased is 2.265,300 shares, accounting for 0.34% of the company's total share capital. The implementation period for the repurchase shall not exceed six months from the date the company's shareholders' meeting reviewed and approved the share repurchase plan. The bill still needs to be submitted to the company's shareholders' meeting for consideration.
Share
Listen to the news
Wuhan Tianyuan announced that it intends to use its own funds and/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 100 million, and the repurchase price shall not exceed RMB 22.07 per share. The repurchase of shares will be used entirely to cancel and reduce the registered capital. Based on the upper limit of the total repurchase capital and the upper limit of the repurchase price, the estimated number of shares to be repurchased is 4,530,500 shares, accounting for 0.67% of the company's total share capital; based on the lower limit, the estimated number of shares to be repurchased is 2.265,300 shares, accounting for 0.34% of the company's total share capital. The implementation period for the repurchase shall not exceed six months from the date the company's shareholders' meeting reviewed and approved the share repurchase plan. The bill still needs to be submitted to the company's shareholders' meeting for consideration.
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.
What's Trending