Amaton: Plans to repurchase 6 million shares for cancellation and to reduce the company's registered capital

K-LinePoet · 2026-04-09T20:30:06+00:00

Yamato announced that the purpose of repurchasing 6 million shares has been changed from employee stock ownership or equity incentive plans to cancellation to reduce registered capital. The repurchase plan was approved in 2022, with a purchase price not exceeding 30 yuan per share, and a total fund amount between 90 million yuan and 180 million yuan.

K-LinePoet

2026-04-09 20:30:06

Abstract generation in progress

Yamatei Announcement: The purpose of the 6 million shares repurchased and stored in the dedicated securities account for buybacks will be changed from “used for implementing an equity incentive plan or employee stock ownership plan” to “used for cancellation and reduction of the company’s registered capital.” The company held the 23rd meeting of the fourth board of directors on May 12, 2022, and approved the “Proposal on the Share Repurchase Plan,” agreeing that the company would use its own funds to repurchase shares through centralized bidding transactions, for the purpose of implementing the company’s employee stock ownership plan or equity incentives. The price for this repurchase will not exceed RMB 30 per share (inclusive), with a total repurchase amount of no less than RMB 90 million and no more than RMB 180 million.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes