RDI Chairman Proposes Share Repurchase Plan for 10 to 20 Million Yuan
2 week ago / Read about 0 minute
Author:小编   

Liu Jun, the Chairman of RDI, has proposed a plan for the company to repurchase A-share stocks through a centralized bidding process, allocating a budget of between 10 and 20 million yuan. The repurchase will be conducted at a price not exceeding 150% of the average price over the 30 trading days preceding the board's resolution, and will span a period of 12 months. The repurchased shares will subsequently be utilized for employee stock ownership plans or equity incentives.