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Maxscend Repurchases 1.181 Million Shares for a Total of RMB 41.2706 Million
2025-04-21 /
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Author：小编
Maxscend announced on April 21 that the company had authorized a share repurchase program on January 16, 2025, intending to allocate between RMB 25 million and RMB 50 million for repurchasing shares through centralized bidding. The objective of this initiative is to facilitate an employee stock ownership plan or equity incentives. As of April 17, Maxscend had successfully repurchased 1.181 million shares, representing 1.0589% of the company's total share capital. The repurchase prices varied from RMB 30.12 per share to RMB 40.33 per share, resulting in a total expenditure of RMB 41.2706 million (transaction fees excluded).
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