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Arrow Home to Buy Back Shares Worth Up to 100 Million Yuan
Arrow Home (001322.SZ): Plans to spend 0.05 billion yuan - -0.1 billion yuan to repurchase shares.
On January 6, Gelonghui reported that Arrow Furniture (001322.SZ) announced that the company plans to use its own funds and a special loan for the repurchase of some publicly held shares through centralized bidding. The repurchased shares will be used to implement the Stock-based Incentive plan or an employee stock ownership plan. The total amount for the repurchase will not be less than RMB 50 million (inclusive) and not more than RMB 100 million (inclusive), with the specific amount based on the actual repurchased amount upon completion of the repurchase. The repurchase price will not exceed RMB 12.62 per share. The repurchase period starts from the date the Board of Directors approves this repurchase plan.
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Arrow Home (001322.SZ): The online platform, due to the relative convenience of participating in subsidy policies, has more quickly reflected the growth of consumer demand for replacement.
Gelonghui, November 13th News ǀ Jianpai Home (001322.SZ) stated at the investor relations event that currently, many local governments have successively introduced subsidy implementation plans for replacing old with new. The implementation of the policy has promoted the consumption of home furnishings. From the current situation, online platforms, due to the relative convenience of participating in the subsidy policy, have more quickly reflected the growth of new consumption demands. Offline stores will also see consumption demands boosted by the policy, but it will take a certain period for the sales at the dealer end to be transmitted to the company. From the current online sales situation, the implementation of the policy will improve the product sales structure and increase the penetration rate of asia vets toilets.
Arrow Home (001322.SZ): Cumulatively repurchased 1.2908% of the shares.
On October 28, Krone Home (001322.SZ) announced that as of October 25, 2024, the share buyback plan has been fully implemented. The actual repurchase period for this buyback is from November 29, 2023, to October 25, 2024. The company repurchased a total of 12,502,300 shares through centralized bidding, accounting for 1.2908% of the total share capital. The highest fill price was 12.56 yuan per share, the lowest fill price was 6.46 yuan per share, and the total fill amount was RMB 99,965,693.48 (excluding trading fees).
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