AVIC High-Tech: intends to repurchase shares with 100 million to 200 million yuan.
China Aviation High-tech Corporation announced that the company plans to repurchase shares with a budget of 100 million to 200 million yuan, and the repurchase price will not exceed 36 yuan per share. The repurchased shares will be used entirely for the implementation of the equity incentive plan, with an estimated repurchase quantity of 2.7778 million to 5.5556 million shares, accounting for 0.20% to 0.40% of the company's total share capital. The repurchase period is within 12 months from the date of approval by the board of directors, and the source of funds is the company's own funds.
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