China Merchants Highway (001965.SZ) plans to repurchase the company's shares for 310 million yuan to 618 million yuan

Zhitongcaijing · 10/16 08:49

According to the Zhitong Finance App, China Merchants Highway (001965.SZ) issued an announcement. China Merchants Highway plans to use its own funds or self-raised funds to repurchase shares through centralized bidding transactions through the Shenzhen Stock Exchange trading system. It plans to cancel all of the shares repurchased and reduce the company's registered capital. The total repurchase capital shall not be less than RMB 310 million (including capital) and not more than RMB 618 million (including capital), and the repurchase price of shares shall not exceed RMB 18.10 per share. The implementation period is 12 months from the date the company's shareholders' meeting reviews and approves the repurchase plan.