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Zhejiang Chint Electrics plans to repurchase company shares valued between 0.27 billion yuan and -0.54 billion yuan, with a repurchase price not exceeding 35.56 yuan per share.

Breakings ·  Apr 21 16:02

On April 21, Zhejiang Chint Electrics announced plans to repurchase company shares through centralized bidding. The total amount for the repurchase will not be less than 0.27 billion yuan (inclusive) and not exceed 0.54 billion yuan (inclusive). The repurchase price will not exceed 35.56 yuan per share (inclusive). The repurchased shares will be used to implement an employee stock ownership plan. The repurchase period is within 12 months from the date the Board of Directors approves the share repurchase plan.

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