CSG Holding Co., Ltd. (000012.SZ) plans to spend 243 million to 485 million yuan to implement A-share repurchase, with a repurchase price not exceeding 7.6 yuan per share.
Nanbo A (000012.SZ) announced that the company plans to use its own funds and self-raised funds (including commercial bank repurchase special funds...
CSG Holding Co., Ltd. (000012.SZ) announced that the company plans to repurchase some ordinary shares (A shares) and domestically listed foreign investment shares (B shares) through the Shenzhen Stock Exchange trading system by way of centralized competitive bidding using its own funds and self-raised funds (including special loans for repurchase from commercial banks, etc.). The proposed repurchase period is within twelve months from the date of approval of the repurchase plan by the company's shareholders meeting.
The price for repurchasing A shares in this repurchase does not exceed 7.60 yuan per share, and the price for repurchasing B shares does not exceed 3.13 Hong Kong dollars per share. The total amount of funds used in this repurchase for A shares is not less than 243 million yuan and not more than 485 million yuan, including transaction fees and other related expenses. The total amount of funds used in this repurchase for B shares is not less than 50 million Hong Kong dollars and not more than 100 million Hong Kong dollars, including exchange fees, transaction fees, and other related expenses.
The company has obtained a "Loan Commitment Letter" issued by the Shenzhen Branch of Industrial Bank Co., Ltd., agreeing to provide stock repurchase loan support to the company, with a loan amount not exceeding 436.5 million yuan and a loan term not exceeding 3 years. The funds used for repurchasing B shares in this repurchase come from the company's own funds.
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