On January 12, Gelonghui reported that Kingnet Network announced on the evening of January 10 "Announcement on the Change of Purpose of Repurchased Shares and Cancellation" stating, "In order to promote the improvement of the company's investment value, respond to policy calls, protect the interests of the majority of investors, enhance the ability and level of investor returns, and boost investor confidence, in conjunction with the actual development of the company, we plan to change the purpose of part of the repurchased shares from 'for the subsequent employee stock ownership plan and stock-based incentive plan' to 'for cancellation and reduction of the company's registered capital'. This time, 16.07 million shares will be used for cancellation. Industry insiders pointed out that this is the first 'cancellation-type' repurchase in the history of Kingnet Network, and this repurchase cancellation can be seen as a cash dividend, which undoubtedly represents a benefit for investors, helps maintain the company's market image, enhances investor confidence, and promotes the long-term development of the company. According to statistics, from 2019 to 2024, Kingnet Network has repurchased a total of 0.109 billion shares and spent a total of 0.608 billion yuan on repurchases. Public data shows that during the period from 2023 to 2024, Kingnet Network has distributed dividends exceeding 0.6 billion yuan, and this repurchase cancellation is approximately 0.2 billion yuan, which is equivalent to the company's total dividends exceeding 0.8 billion yuan over the past three years, returning real money to a wide range of investors, and further increasing the company's dividend yield.
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历史首次 恺英网络拟注销回购股份1607万股
For the first time in history, Kingnet Network plans to cancel the repurchase of 16.07 million shares.
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