Guangdong Meiyan Jixiang Hydropower announced that the company plans to repurchase shares through a centralized bidding process, with the amount not less than 0.15 billion yuan (inclusive) and not exceeding 0.2 billion yuan (inclusive). The funds will come from its own funds and self-raised money. The repurchase price will not exceed 4.63 yuan per share, and the repurchase period will be no more than 3 months from the date the Board of Directors approves the repurchase plan. The repurchased shares are intended to maintain the company’s value and protect shareholder interests.
梅雁吉祥:拟回购1.5亿元-2亿元公司股份
Guangdong Meiyan Jixiang Hydropower plans to repurchase company shares worth between 0.15 billion yuan and -0.2 billion yuan.
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