Gate.io November 11th news, Shenma shares announced that the company is currently planning to repurchase A-shares of the company, with a total repurchase amount of not less than RMB 150 million and not more than RMB 300 million. The repurchase price of the shares shall not exceed 150% of the average trading price of the company's stock in the 30 trading days prior to the approval of the repurchase resolution by the board of directors. The purpose of the share repurchase is to maintain the company's value and shareholder rights. The repurchased shares will be sold through centralized auction trading after 12 months of disclosing the repurchase results and share changes, and will be completed within three years after the disclosure of the repurchase results and share changes.
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Shenma Shares: intends to repurchase shares with a total amount of no less than 150 million yuan
Gate.io November 11th news, Shenma shares announced that the company is currently planning to repurchase A-shares of the company, with a total repurchase amount of not less than RMB 150 million and not more than RMB 300 million. The repurchase price of the shares shall not exceed 150% of the average trading price of the company's stock in the 30 trading days prior to the approval of the repurchase resolution by the board of directors. The purpose of the share repurchase is to maintain the company's value and shareholder rights. The repurchased shares will be sold through centralized auction trading after 12 months of disclosing the repurchase results and share changes, and will be completed within three years after the disclosure of the repurchase results and share changes.