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ZTE Initiates Its First A-Share Buyback Program, Spending Over RMB 670 Million on the Inaugural Day
16 hour ago /
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Author：小编
On May 28, ZTE disclosed that the company had successfully executed its inaugural A-share buyback via centralized bidding transactions on May 27. The buyback encompassed the acquisition of 19,259,100 shares, representing 0.40% of the company's total equity, at an expenditure surpassing RMB 670 million. All the repurchased shares are earmarked for the employee stock ownership scheme or equity incentive plans, aiming to harmonize the interests of the core team and bolster the company's sustained growth.
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