Shenzhen Ridge: Plans to use no more than 17.844 million yuan to repurchase company shares

Zhitong
2025.08.28 12:42

Shenzhen Ridge announced that it plans to use its own funds or self-raised funds to repurchase a portion of its ordinary shares in RMB through centralized bidding. The expected number of shares to be repurchased is 500,000 to 600,000 shares, accounting for 0.33% to 0.39% of the company's current total share capital. The repurchase price will not exceed RMB 29.74 per share. The total amount of funds for the repurchase will not exceed RMB 17.844 million. The implementation period for the repurchase of shares is within 12 months after the company's board of directors approves it

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