Jinshi data, December 10 news, Shengquan Group announced that the company plans to repurchase shares through centralized Bidding transactions, with an expected repurchase amount of 250 million to 500 million yuan, funded by its own funds and special loans for stock repurchase. The repurchase price will not exceed 32 yuan per share, and the repurchased shares will be used for employee stock ownership plans or equity incentives. The repurchase period is 12 months from the date of approval of this repurchase plan by the board of directors. The company’s controlling shareholder, actual controller, and directors and senior management currently have no plans to reduce their holdings in the next 3 or 6 months.
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