Leshan Giantstar Farming & Husbandry Corporation (603477.SH) plans to allocate 150 million to 300 million yuan for share repurchases and has obtained 2.1 billion yuan in loan support for the buyback.
14/11/2024
GMT Eight
Leshan Giantstar Farming & Husbandry Corporation (603477.SH) disclosed a share buyback plan, with a total amount of funds for this buyback not less than 150 million yuan (inclusive) and not exceeding 300 million yuan (inclusive). The maximum buyback price is 28.00 yuan per share, and the purpose of the buyback is for employee stock ownership plans or equity incentives. The company recently received a "Loan Commitment Letter" from Industrial Bank Co., Ltd. Chengdu Branch, with a loan amount of 210 million yuan, specifically for the company's share repurchase.