Guangzhou Guanggang Gases & Energy (688548.SH) Chairman Proposes RMB200 Million to RMB400 Million Share Buyback
Guanggang Gases & Energy (688548.SH) announced that Chairman Deng Tao has proposed that the company use its own funds or self-raised funds to repurchase a portion of its issued RMB ordinary shares (A shares) through the Shanghai Stock Exchange trading system via centralized bidding, and to use them at an appropriate time in the future for equity incentives, employee stock ownership plans, and other purposes, with the specific use to be determined by the company's board of directors in accordance with relevant laws and regulations. The total funds for the share repurchase shall be no less than RMB200 million (inclusive) and no more than RMB400 million (inclusive).
Guangzhou Guanggang Gases & Energy (688548.SH) announced that Chairman Deng Tao has proposed that the company use its own funds or self-raised funds to repurchase a portion of its issued RMB ordinary shares (A shares) through the Shanghai Stock Exchange trading system via centralized bidding, and to use them at an appropriate time in the future for equity incentives, employee stock ownership plans, etc., with the specific use to be determined by the company's board of directors in accordance with relevant laws and regulations. The total amount of funds for the share repurchase shall be no less than RMB200 million (inclusive) and no more than RMB400 million (inclusive).
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