Co-Prosperity Holdings Unveils Share Repurchase Scheme: Targeting RMB 4-8 Billion Worth of Shares
4 day ago / Read about 0 minute
Author:小编   

On August 31, Co-Prosperity Holdings disclosed its intention to repurchase shares, leveraging either internal funds or funds raised externally. The repurchase plan encompasses a total value ranging from RMB 4 billion to RMB 8 billion, with the share price capped at RMB 1,200 per unit. The primary objective of this initiative is to facilitate employee shareholding schemes or equity incentive programs. Should there be any remaining funds not utilized within the stipulated timeframe, the company commits to canceling the unused portion in strict adherence to legal regulations.