Chipsea Technologies: Repurchase Plan Aims to Trim Holdings by 1.00% Through Special Account
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Author:小编   

Chipsea Technologies announced on July 25 that it had repurchased 2.2906 million shares from January 29 to April 29, 2024, representing 1.61% of the company's total share capital. Moving forward, the firm intends to reduce its shareholding by up to 1.4206 million shares, equivalent to 1.00% of the total share capital, through a centralized bidding process scheduled from August 18 to November 18, 2025. The funds garnered from this reduction will be allocated towards augmenting the company's working capital.