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新媒股份(300770.SZ)：拟斥资0.5亿元-1.0亿元回购股份

Guangdong South New Media (300770.SZ) plans to use 0.05-0.1 billion yuan to repurchase shares.

Gelonghui Finance ·  Aug 6 06:15

Guangdong South New Media (300770.SZ) announced that it plans to repurchase the company's issued Renminbi common shares (A-shares) through centralized bidding trading to reduce the registered capital. The total amount of funds used for repurchase is not less than RMB 50 million (inclusive) and not more than RMB 100 million (inclusive), and the source of funds is self-owned funds. The specific total amount of repurchased funds will be determined by the actual amount of funds used for repurchase at the end of the repurchase. The price range for the repurchased shares is not more than RMB 49 yuan/share (inclusive). The implementation period will not exceed 12 months from the date of approval of the share repurchase plan by the shareholders' meeting.

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