Shanghai Universal Biotech (301166.SZ) plans to repurchase company shares ranging from 15 million to 30 million yuan.
UNIV (301166.SZ) announced that the company plans to use its own funds to repurchase company shares through centralized bidding. The repurchased company shares are intended for equity incentives or employee stock ownership plans. The total amount of repurchase funds shall not be less than RMB 15 million (including the principal) and not exceed RMB 30 million (including the principal). The repurchase price shall not exceed RMB 45 per share (including the principal), and the repurchase implementation period shall be within 12 months from the date of the board's approval of the share repurchase plan.
Shanghai Universal Biotech (301166.SZ) announced that the company plans to use its own funds to repurchase its shares through centralized bidding. The repurchased shares will be used for equity incentives or employee stock ownership plans. The total amount of repurchase funds will not be less than RMB 15 million (inclusive), and not exceed RMB 30 million (inclusive). The repurchase price per share will not exceed RMB 45 (including). The repurchase period will be within 12 months from the date of approval of the share repurchase plan by the board of directors.
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