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Sugon Unveils Plan to Buy Back Shares Valued Between 300 Million and 500 Million Yuan for Employee Stock Ownership or Equity Incentive Programs
17 hour ago /
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Author：小编
Sugon (603019.SH) has declared its intention to utilize a combination of its own capital and financial institution borrowings to repurchase shares via centralized bidding transactions. The repurchase will encompass an amount ranging from 300 million to 500 million yuan, with the per-share repurchase price capped at 117.01 yuan. These repurchased shares are earmarked for the employee stock ownership plan or equity incentive initiatives. Furthermore, the repurchase is scheduled to be completed within a 12-month timeframe from the date of obtaining approval from the board of directors.
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