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华茂股份(000850.SZ)：拟斥资0.5亿元-1.0亿元回购公司股份

Huamao Co., Ltd. (000850.SZ): Plans to spend 50 million yuan to 100 million yuan to buy back the company's shares

Gelonghui Finance ·  Feb 7 03:34

Gelonghui, Feb. 7 | Huamao Co., Ltd. (000850.SZ) announced that the company plans to use its own funds to repurchase some of the issued RMB common shares (A shares) through centralized bidding transactions. The shares repurchased by the company are necessary to protect the company's value and shareholders' rights. All of the shares repurchased by the company will be sold in accordance with relevant regulations. The total repurchase amount is not less than RMB 50 million (inclusive), no more than RMB 10,000 million (inclusive), and the repurchase price is no more than RMB 5.00 per share (inclusive). Based on the maximum price of repurchased shares of 5.00 yuan/share, the estimated range of the number of shares to be repurchased is about 10 million shares — 20 million shares, accounting for about 1.06% — 2.12% of the company's total share capital at present. (The specific repurchase amount and number of shares repurchased are based on the actual funds used at the end of the repurchase period and the number of shares repurchased). The implementation period for the share repurchase shall be no more than three months from the date the board of directors deliberates and approves the share repurchase plan.

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