On January 23, Jinshi Data reported that Lianchuang Optoelectronics plans to repurchase shares with a capital of no less than 100 million yuan and no more than 150 million yuan, and the repurchase price will not exceed 70 yuan per share. The repurchased shares will be used to cancel and reduce the company’s registered capital, and the funds will be sourced from the company’s self-owned funds or self-raised funds. The repurchase period is within 12 months from the date of approval by the shareholders’ meeting. The company’s controlling shareholder, actual controller and persons acting in concert, directors, supervisors and senior management personnel have no plan to reduce their holdings in the next 3 months or 6 months.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Lianchuang Optoelectronics: plans to repurchase shares with 100 million to 150 million RMB
On January 23, Jinshi Data reported that Lianchuang Optoelectronics plans to repurchase shares with a capital of no less than 100 million yuan and no more than 150 million yuan, and the repurchase price will not exceed 70 yuan per share. The repurchased shares will be used to cancel and reduce the company’s registered capital, and the funds will be sourced from the company’s self-owned funds or self-raised funds. The repurchase period is within 12 months from the date of approval by the shareholders’ meeting. The company’s controlling shareholder, actual controller and persons acting in concert, directors, supervisors and senior management personnel have no plan to reduce their holdings in the next 3 months or 6 months.