blockchainquizgame| ST Zhengtong: The company plans to repurchase no more than 3.3333 million shares of the company
ST Zheng Tong (002197) issued a share buyback announcement on May 15th.BlockchainquizgameThe company plans to complete this share repurchase plan from May 15, 2024 to May 14, 2025, and the repurchase price does not exceed 12%.Blockchainquizgame.00 yuan per share, the total repurchase amount shall not exceed RMB 40 million yuan. If the full repurchase amount is calculated according to the upper limit of the total repurchase amount and the repurchase share price limit, the number of shares that can be repurchased is expected to be no more than 3.3333 million shares, the maximum number of shares to be repurchased shall account for 0.54% of the total share capital of the company, and the specific number of repurchased shares shall be subject to the actual number of shares repurchased at the expiration or termination of the repurchase period.
The announcement said that based on the confidence in the company's development prospects and the recognition of the company's value, in order to safeguard the interests of investors, enhance the confidence of public investors in the company, and effectively protect the legitimate rights and interests of all shareholders, combined with the company's operating and financial conditions and other factors, the company plans to use its own funds to buy back some of the issued RMB common shares (A shares) through the Shenzhen Stock Exchange trading system. And the aforementioned repurchased shares will be used to implement the equity incentive plan or employee stock ownership plan in the future.
