Advanced Micro-Fabrication Equipment Inc. China (688012.SH) plans to repurchase company shares for RMB400 million to RMB500 million.
Advanced Micro-Fabrication Equipment Inc. China (688012.SH) announced that it plans to repurchase a portion of its issued RMB ordinary shares (A shares) through centralized bidding transactions using the excess proceeds raised from its initial public offering of RMB ordinary shares and its own funds. The repurchased shares are intended to be used for the company's equity incentive plan or employee shareholding plan at an appropriate time in the future. The repurchase amount shall be no less than RMB400 million (inclusive) and no more than RMB500 million (inclusive). The repurchase price shall not exceed RMB433.04 per share (inclusive).
Advanced Micro-Fabrication Equipment Inc. China (688012.SH) announced that the company plans to repurchase a portion of its issued RMB ordinary shares (A shares) through centralized bidding transactions using the excess proceeds raised from its initial public offering of RMB ordinary shares and the company's own funds. The repurchased shares are intended to be used for the company's equity incentive plan or employee stock ownership plan at an appropriate time in the future. The repurchase amount shall be no less than RMB400 million (inclusive) and no more than RMB500 million (inclusive). The repurchase price shall not exceed RMB433.04 per share (inclusive).
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