Asymchem Laboratories (06821) intends to repurchase its A-share shares.
Asymchem Laboratories (06821) announced that the company intends to repurchase its A-share shares, which will be used for the subsequent implementation of an employee stock ownership plan or equity incentive and for cancellation to reduce registered capital. The funds for this share repurchase shall be no less than RMB500 million and no more than RMB700 million. The price for this share repurchase shall not exceed RMB246 per share, and the specific total amount of repurchase funds shall be subject to the total amount of funds actually used.
Asymchem Laboratories (06821) announced that the company intends to repurchase its A-share shares, which will be used for the subsequent implementation of an employee stock ownership plan or equity incentive and for cancellation to reduce registered capital. The funds for this share repurchase shall be no less than RMB500 million and no more than RMB700 million. The repurchase price per share shall not exceed RMB246 per share, and the specific total amount of repurchase funds shall be subject to the total amount of funds actually used.
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