share_log

三花智控(002050.SZ):拟斥资3亿元-6亿元回购股份

Zhejiang Sanhua Intelligent Controls (002050.SZ): plans to invest 0.3 billion yuan to -0.6 billion yuan to repurchase shares.

Gelonghui Finance ·  Dec 30, 2024 21:44

On December 30, Gelonghui reported that Zhejiang Sanhua Intelligent Controls (002050.SZ) announced that the company intends to use its own funds and special loans for Share Buyback to repurchase its shares through centralized bidding. The repurchased shares will be used for the Stock-based Incentive plan or employee stock ownership plan. The total amount of the buyback will be no less than RMB 0.3 billion and no more than RMB 0.6 billion, with a repurchase price not exceeding RMB 36.00 per share. Based on the upper limit of the total buyback funds of RMB 0.6 billion, the estimated number of repurchased shares is approximately 16,666,666 shares, accounting for about 0.45% of the company’s current total share capital; based on the lower limit of the total buyback amount of RMB 0.3 billion, the estimated number of repurchased shares is about 8,333,333 shares, accounting for about 0.22% of the company’s current total share capital. The specific number of repurchased shares will be subject to the actual number of shares repurchased by the end of the buyback period. The implementation period for the buyback is within 12 months from the date the Board of Directors of the company approves the share repurchase plan. The Industrial And Commercial Bank Of China Zhejiang Branch has recently issued a "Loan Commitment Letter" to the company.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment