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Ingenic Semiconductor: Proposal from Actual Controller Liu Qiang for a Share Buyback Program Worth RMB 100-200 Million
13 hour ago /
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Author：小编
Ingenic Semiconductor (Stock Code: 300223) has made a public announcement stating that Liu Qiang, the company's principal shareholder, actual controller, and chairman, has put forth a proposal to repurchase the company's A-share shares using either the company's internal funds or funds raised independently. The proposed buyback amount ranges from RMB 100 million to RMB 200 million. The repurchased shares are earmarked for equity incentive programs or employee stock ownership plans. Furthermore, the maximum repurchase price will not exceed 150% of the average trading price of the shares over the 30 trading days prior to the board's approval of the repurchase plan.
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