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Wangsu Science & Technology: Intends to Buy Back Shares Valued Between RMB 300 Million and RMB 600 Million for Share Cancellation and Registered Capital Reduction
10 hour ago /
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Author：小编
On July 30th, Wangsu Science & Technology (300017.SZ) disclosed its intention to repurchase shares via centralized bidding transactions, utilizing either its own capital or funds it has raised. The total repurchase amount is projected to fall within the range of RMB 300 million to RMB 600 million, with the repurchase price not exceeding RMB 21.17 per share. All shares acquired through this repurchase initiative will be earmarked for cancellation and subsequently contribute to a reduction in the company's registered capital. The entire repurchase process is slated to be completed within a 12-month timeframe from the date of obtaining approval from the shareholders' meeting.
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