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The Three-year Loss for East GroupLtd (SZSE:300376) Shareholders Likely Driven by Its Shrinking Earnings
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Special Treat East Group Co., Ltd. (300376.SZ): Cumulatively repurchased 0.7227% of the shares. The repurchase has been successfully completed.
Gelonghui, November 5th - ST East Group Co.,Ltd. (300376.SZ) announced that as of November 4, 2024, the company repurchased 16,826,620 shares of the company through a special securities account for share repurchase in a centralized bidding manner, with a total repurchase amount of 54,973,310.20 yuan (excluding transaction costs). The repurchased shares account for 0.7227% of the company's current total share capital, with a maximum fill price of 4.00 yuan/share and a minimum fill price of 2.35 yuan/share. According to the repurchase plan, the repurchase of shares is necessary to maintain the company's value and shareholder rights, with the repurchase period starting from the final approval by the board of directors.
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