11, Ningde Times announced that the company first repurchased 604,293 A-shares through centralized bidding, accounting for 0.0131% of the total share capital, with the highest transaction price of 331.61 yuan per share and the lowest transaction price of 330.15 yuan per share. The total transaction amount is about 200 million yuan.
This means that the cancellation repurchase plan of 20 billion yuan to 40 billion yuan previously announced by the company has formally entered the implementation stage.
The repurchase plan was approved by the board of directors on July 24 this year and approved by the shareholders'meeting on August 12. The maximum repurchase price is 573 yuan per share, and all the repurchased shares will be used to cancel and reduce the registered capital of the company. According to the upper limit of 40 billion yuan, this is the largest single cancellation repurchase in the history of a shares.
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