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Is Leaguer (Shenzhen) Microelectronics Corp.'s (SHSE:688589) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Shenzhen MicroElectronics' Chairman Proposes Share Buyback of Up to 20 Million Yuan
Leaguer(Shenzhen)Microelectronics Corp. (688589.SH): Chairman and General Manager Mr. LIUKUN proposed to repurchase the company's shares.
Leaguer(Shenzhen)Microelectronics Corp. (688589.SH) announced on September 18th that Mr. LIUKUN, the chairman and general manager of the company, proposed that the company use its own funds to repurchase a portion of the issued Renminbi ordinary shares (A shares) of the company through centralized bidding trading, and use them for stock-based incentives or employee shareholding plans at an appropriate future time. The total amount of repurchase funds is not less than RMB 10 million (inclusive), and not more than RMB 20 million (inclusive), subject to the repurchase share plan approved by the board of directors.
Half-year report for the year 2024.
Summary of Half-Year Report in 2024.
Leaguer(Shenzhen)Microelectronics Corp. (688589.SH): Has repurchased 0.43% of its shares, completing the buyback plan.
Leaguer(Shenzhen)Microelectronics Corp. (688589.SH) announced on August 16th that as of August 16th, 2024, the company's share repurchase plan has been completed. The company has accumulated repurchased 517,089 shares of the company through the centralized bidding trading system of the Shanghai Stock Exchange, accounting for 0.43% of the current total share capital. The highest repurchase price was 31.97 yuan/share, the lowest price was 23.00 yuan/share, the average repurchase price was 25.14 yuan/share, and the total amount paid was RMB 12.9996 million (excluding transaction fees such as transaction commissions).
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