Taiji Industrial has completed a share buyback, with 14.648 million shares set to be cancelled for capital reduction.
Wuxi Taiji Industrial Co., Ltd. announces the implementation results of share repurchase and changes in shareholding. The company approved the repurchase proposal through the board of directors and shareholders' meeting on April 24 and May 16, 2025, with a repurchase period from May 16, 2025 to May 15, 2026. The estimated amount is between 100 million to 120 million RMB, and the maximum price is 10.28 RMB per share, with the purpose of reducing registered capital. The actual repurchased shares amount to 14.648 million shares, accounting for 0.70% of the total share capital, with a total repurchase amount of 100.0179 million RMB, and a price range of 6.17 to 7.42 RMB per share. As of the disclosure date, there were no transactions involving the company's shares by relevant parties. The company will cancel the repurchased shares on September 18 and complete the registration change, reducing the total number of shares to 2,091,542,178.
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