MetaX Holdings: Actual Controller Suggests Share Buyback Plan Worth 100-200 Million RMB
10 hour ago / Read about 0 minute
Author:小编   

MetaX Holdings has made a public announcement stating that Chen Weiliang, who serves as both the actual controller and chairman of the company, has put forward a proposal to buy back a certain number of A-share shares. This will be executed via centralized bidding transactions, utilizing either the company's internal funds or funds raised externally. The proposed total investment for this share repurchase initiative is estimated to fall within the range of 100 million RMB to 200 million RMB. The shares acquired through this buyback will be earmarked for various purposes, including implementing employee equity incentive programs, establishing employee stock ownership plans, or potentially reducing the company's registered capital.