Sanquan Food Co., Ltd. (002216.SZ) plans to implement a buyback of 75 million to 150 million yuan.
Sanquan Food (002216.SZ) announced that the company plans to repurchase a portion of its own shares through a centralized bidding method using its own funds and self-raised funds, and will use the shares for equity incentives and/or employee shareholding plans. The total amount of repurchase funds shall not be less than 75 million yuan and not exceed 150 million yuan; the repurchase price shall not exceed 13.50 yuan per share (inclusive); the repurchase period shall not exceed twelve months from the date when the board of directors approves the repurchase plan.
Sanquan Food Co., Ltd. (002216.SZ) announced that the company plans to use its own funds and self-raised funds to repurchase some of its company's shares through centralized bidding, and will use the shares for equity incentives and/or employee stock ownership plans; the total amount of funds for repurchase shall not be less than 75 million yuan and not exceed 150 million yuan; the repurchase price shall not exceed 13.50 yuan/share; the repurchase period shall not exceed twelve months from the date the Board of Directors approves the repurchase plan.
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