Tang Changmao, Chairman and General Manager of Yibo Technology (301366.SZ), proposed spending 30 million yuan to 60 million yuan to implement a repurchase
Zhitongcaijing · 01/29 11:25

Zhitong Finance App News, Yibo Technology (301366.SZ) announced that Tang Changmao, chairman and general manager of the company, proposed that the company use its own funds to buy back some of the company's issued A shares through centralized bidding transactions, and to repurchase shares at the right time to implement employee stock ownership plans or equity incentives. The upper limit of the repurchase price of shares is not higher than 150% of the average trading price of the company's shares in the 30 trading days before the board of directors of the company deliberates and approves the buyback plan. The total capital for this repurchase of shares is not less than 30 million yuan, not more than 60 million yuan; the implementation period of the repurchase is within 12 months from the date the board of directors of the company reviews and approves the repurchase plan.