Actions Technology (688049.SH): The chairman proposes that the company spend 22.5 to 45 million yuan to repurchase shares.
Corescience Technology Co., Ltd. (688049.SH) announced that the board of directors of the company received a letter from the chairman of the company on September 14, 2024.
Actions Technology (688049.SH) Announcement
The Board of Directors of Actions Technology received a proposal letter from the Chairman and General Manager, Zhou Zhengyu, on September 14, 2024, regarding the repurchase of company shares. Zhou Zhengyu proposed that the company use the excess funds to repurchase shares through centralized bidding trading and at an appropriate time, use the repurchased shares for employee stock ownership plans or equity incentives. The total amount of funds for repurchasing shares shall not be less than RMB 22.5 million and not exceed RMB 45 million.
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