China Railway (00390) plans to repurchase and cancel 7.384.76 million restricted shares

Zhitongcaijing · 08/30 13:09

Zhitong Finance App News, China Railway (00390) announced that the company held the second meeting of the 6th board of directors on August 30, 2024 to review and pass the “Proposal on Repurchase and Cancellation of Some Restricted Stocks in China Railway's 2021 Restricted Stock Incentive Plan”. The total number of restricted shares to be repurchased and cancelled by the company is 7.3845.76 million shares. The restricted share repurchase price for the 37 incentive recipients is RMB 2.944 per share plus interest calculated by the People's Bank of China for the same period. The restricted stock repurchase price for 5 incentive recipients is RMB 2.944 per share, and the restricted stock repurchase price for 1 incentive target is RMB 3.27 per share.