Summary by Futu AI
Fulong Glass Group Limited recently announced the latest progress of its A-share repurchase. According to the repurchase plan first disclosed on February 24, 2024, the company plans to repurchase shares through centralized bidding trading from February 23, 2024 to February 22, 2025, for employee stock ownership plan or stock-based incentives. The expected repurchase amount is between 3 billion yuan and 6 billion yuan. As of October 31, 2024, the company has accumulated repurchased 9.466921 million shares, accounting for 0.40% of the total shares, involving approximately 2.215 billion yuan. The repurchase price range is from 17.00 yuan to 26.25 yuan per share. The company stated that this repurchase complies with relevant laws and regulations and promises to timely disclose subsequent repurchase progress according to market conditions.