回购股份价格上限为7.43元/股(不高于公司董事会审议通过回购股份决议前30个交易日公司股票交易均价的150%)。若在回购实施期限内，公司发生资本公积金转增股本、派送股票或现金红利等除权除息事项，自股价除权除息之日起，相应调整回购股份价格上限。Sinotrans Limited (00598) released an announcement based on confidence in the company's future sustainable development and recognition of the company's value, to...
According to the Zhito Finance APP, Sinotrans Limited (00598) released an announcement based on confidence in the company's future sustainable development and recognition of the company's value. In order to protect the interests of a broad range of investors, enhance investors' confidence in investing in the company, and stabilize and increase the company's value, the company plans to conduct a share buyback through the Shanghai Stock Exchange trading system using a centralized bidding method. The repurchased shares will all be canceled and the company's registered capital will be reduced.
The total amount of funds planned for the buyback is no less than 0.271 billion yuan (inclusive) and no more than 0.542 billion yuan (inclusive).
The upper limit of the repurchase price is 7.43 yuan per share (not exceeding 150% of the average stock trading price of the company in the 30 trading days before the board of directors approved the repurchase resolution). If during the buyback implementation period, the company undergoes capital reserve fund transfer to increase share capital, distribution of stocks, or cash dividends, etc., the upper limit of the repurchase price will be adjusted accordingly from the ex-rights date of the stock price.
The planned buyback period is within 12 months from the date the company's shareholders' meeting approves this buyback plan.
