Sinotrans (00598) plans to spend 271 million to 542 million yuan to buy back A-shares

Zhitongcaijing · 10/16 11:49

Zhitong Finance App News, Sinotrans (00598) issued an announcement. The board of directors of the company held a meeting on October 16, 2024 to review and approve (including) the A-share share repurchase plan, agreeing that the company plans to use no less than RMB 271 million (inclusive) and no more than RMB 542 million (inclusive) to repurchase A-shares through centralized bidding transactions; the maximum repurchase price is RMB 7.43 per share; the repurchase period shall not exceed 12 months from the date of approval by the company's shareholders' meeting; all shares repurchased will be cancelled and cancelled Reduce the company's registered capital.