Weigang Technology: plans to buy back company shares with 15 to 30 million yuan.
Weigang Technology announcement, intends to repurchase company shares through centralized competitive bidding trading method, with a total amount of repurchase funds not less than 15 million yuan and not exceeding 30 million yuan, and a repurchase price not exceeding 36 yuan/share. The repurchased shares will be used for employee shareholding plans or equity incentive plans. If the company fails to implement the above-mentioned purposes within 36 months after the completion of the share repurchase, the unused portion will be cancelled according to law. The repurchase period shall be within 12 months from the date of approval by the board of directors.
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