TCL Technology: Plans to repurchase company's shares worth 11 to 12 billion yuan.
TCL Technology announced that it plans to use its own funds and self-raised funds to repurchase some of the company's issued shares through centralized bidding trading. The total amount of the share repurchase shall not be less than RMB 1.1 billion and shall not exceed RMB 1.2 billion, and the repurchase price shall not exceed RMB 6.6 per share. It is estimated that approximately 182 million shares will be repurchased, accounting for approximately 0.87% of the company's total share capital.
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