Dongshan Precision Unveils Plan to Buy Back 200-300 Million Yuan Worth of Shares for Employee Stock Ownership or Equity Incentive Programs
1 day ago / Read about 0 minute
Author:小编   

Dongshan Precision (002384.SZ) has declared its intention to repurchase shares via centralized bidding transactions, utilizing self-raised or other lawful funds. The total value of the shares to be repurchased is projected to fall between 200 million and 300 million yuan, with the repurchase price capped at 367.04 yuan per share. It is anticipated that the number of shares repurchased will range from 544,900 to 817,300, constituting 0.030% to 0.045% of the company's total issued share capital. The repurchased shares are earmarked for employee stock ownership schemes or equity incentive initiatives, with the implementation window set within 12 months following approval from the board of directors.