Eight Hundred Million Time and Space: Buyback and Cancel Employee Stock Ownership Plan Unlocked Shares Notification Creditors Reduction
Eight Hundred Million Timespace announced that the company will hold a board meeting and a shareholders' meeting on May 8th and May 27th, 2026 respectively, to approve the repurchase and cancellation of 1.4517 million shares of the company's stock that were not unlocked in the 2024 employee stock ownership plan, at a repurchase price of 9.07 yuan per share. After the repurchase, the total number of company shares will decrease from 134 million to 133 million, and the registered capital will also decrease accordingly. According to relevant regulations, creditors can request the company to repay debts or provide guarantees within 30 days of receiving the notice, or within 45 days of the announcement if no notice is received. The application method and related information for creditors have been announced.
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