State Grid Nanrui: Plans to repurchase company shares for 500 million to 1 billion yuan.
Guodian Nari announced that it intends to repurchase the company's shares for no less than RMB 500 million and no more than RMB 1 billion, with a repurchase price not exceeding RMB 35.17 per share. The funds for the repurchase will come from its own resources. The repurchased shares will be used for future implementation of the equity incentive plan. If the company fails to carry out the aforementioned purpose within 36 months after the completion of the share repurchase, or if not all repurchased shares are used for the aforementioned purpose, the unused portion will be subject to relevant procedures for cancellation.
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