Biology Corporation: Plans to repurchase shares worth 200 million to 400 million yuan to maintain the company's value and shareholder rights and interests.
The announcement of the company's stock stated that the company plans to repurchase shares through centralized competitive trading, with a repurchase amount of no less than 200 million yuan and not exceeding 400 million yuan. The repurchase price shall not exceed 20.74 yuan per share, with a repurchase quantity of approximately 9.6432 million shares to 19.2864 million shares, accounting for 0.87% to 1.73% of the total share capital, for the purpose of maintaining the company's value and shareholder rights. The repurchase period shall not exceed 3 months from the date of approval by the board of directors. The company's directors, executives, shareholders holding more than 5%, and their concerted actors have no plans to reduce their holdings in the next 3 months or 6 months. This repurchase will not have a significant impact on the company's operations, finances, etc.
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