Xingrui Technology (002937) issued a share repurchase announcement on May 10, 2024. The company plans to complete the company's share repurchase plan from May 10, 2024 to May 8, 2025. The repurchase price is no more than 30%.Megaways.00 yuan per share, the total repurchase amount shall not exceed RMB 7000MegawaysIf the full repurchase amount is calculated according to the upper limit of the total repurchase amount and the price limit of the repurchased shares, the number of shares that can be repurchased is expected to be no more than 2.3333 million, and the maximum number of shares to be repurchased accounts for 0.78% of the total share capital of the company.MegawaysThe quantity is the actual repurchase when the repurchase period expires or when the repurchase is terminatedMegawaysThe number of shares shall prevail.
The announcement said that in order to enhance investor confidence and enhance the long-term investment value of the company's shares, fully mobilize the enthusiasm of the company's staff and cadres, and effectively closely combine the interests of shareholders, the company and employees, improve the company's long-term incentive mechanism and benefit-sharing mechanism, and promote the healthy and sustainable development of the company, the company plans to use its own funds to buy back some of the company's public shares by means of centralized bidding. For employee stock ownership plans.
