Guomai Culture (600640.SH) plans to repurchase shares worth 50 million to 100 million yuan.

The Smart Financial News App reported that Guomai Culture (600640.SH) issued an announcement, stating that the company plans to repurchase shares with an amount ranging from 50 million to 100 million yuan. The repurchase price shall not exceed RMB 16.00 per share, and the repurchased shares will be used for cancellation and reduction of the company's registered capital.