Beijing Sifang Automation (601126.SH) plans to repurchase company shares for 100 million to 150 million yuan.
Beijing Sifang Automation (601126.SH) announced that the company plans to use its own funds to repurchase company shares through centralized bidding trading, which will be used for the future implementation of an employee stock ownership plan or equity incentive plan. The repurchase amount shall be no less than RMB 100 million (inclusive) and no more than RMB 150 million (inclusive). The repurchase price shall not exceed RMB 50 per share. The repurchase period shall not exceed 12 months from the date the company's board of directors approves this share repurchase plan.
Beijing Sifang Automation (601126.SH) announced that the company plans to use its own funds to repurchase company shares through centralized bidding trading, which will be used for future implementation of employee stock ownership plans or equity incentive plans. The repurchase amount shall not be less than RMB 100 million (inclusive) and not more than RMB 150 million (inclusive). The repurchase price shall not exceed RMB 50 per share. The repurchase period shall not exceed 12 months from the date of approval of this repurchase plan by the company's board of directors.
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