Jiangbo Long: Controlling Shareholder Proposes to Repurchase Company Shares Worth 400 Million to 800 Million Yuan
12 hour ago / Read about 0 minute
Author:小编   

On July 23, Jiangbo Long announced that its controlling shareholder, actual controller, chairman, and general manager, Cai Huabo, proposed to use the company's own or self-raised funds to repurchase shares through centralized bidding transactions. The total repurchase amount will be no less than 400 million yuan and no more than 800 million yuan. The repurchased shares will be used for equity incentives or employee stock ownership plans.