Zhejiang Meili High Technology (300611.SZ) plans to repurchase company shares with an amount ranging from 40 million to 70 million yuan.
Meili Technology (300611.SZ) announced that the company plans to use its own funds and self-raised funds to repurchase company shares through centralized competitive bidding for the implementation of an employee shareholding plan or equity incentive. The total amount of funds for this repurchase of shares is not less than 40 million yuan (inclusive) and not more than 70 million yuan (including), with a repurchase price not exceeding 35 yuan per share (including). The implementation period for the repurchase of shares is within 12 months from the date of approval of the repurchase plan by the board of directors.
Zhejiang Meili High Technology (300611.SZ) announced that the company plans to use its own funds and self-raised funds to repurchase company shares through centralized bidding trading for the implementation of the employee stock ownership plan or equity incentive. The total amount of funds for this share repurchase shall not be less than RMB 40 million (inclusive) and not exceed RMB 70 million (inclusive), with a repurchase price not exceeding RMB 35 per share (inclusive). The implementation period for the share repurchase shall be within 12 months from the date of approval by the board of directors of this share repurchase scheme.
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