Shandong Expressway announced that on July 20, the company's chairman Fu Baixian proposed to buy back some of the company's A-shares through centralized bidding transactions, with a total capital of 100 million yuan to 200 million yuan to reduce registered capital. The upper limit of the repurchase price is not higher than 150% of the average transaction price of the company's stock in the 30 trading days before the board of directors deliberates and approves the repurchase plan. The repurchase period is within 12 months from the date the shareholders' meeting reviews and approves the plan. Fu Baixian did not trade shares in the company within six months before the proposal, and there was no plan to increase or decrease his holdings during the buyback period. He promised to push for relevant review and vote in favor. The matter is still uncertain, so investors are reminded to be aware of the risks.

Zhitongcaijing · 2d ago
Shandong Expressway announced that on July 20, the company's chairman Fu Baixian proposed to buy back some of the company's A-shares through centralized bidding transactions, with a total capital of 100 million yuan to 200 million yuan to reduce registered capital. The upper limit of the repurchase price is not higher than 150% of the average transaction price of the company's stock in the 30 trading days before the board of directors deliberates and approves the repurchase plan. The repurchase period is within 12 months from the date the shareholders' meeting reviews and approves the plan. Fu Baixian did not trade shares in the company within six months before the proposal, and there was no plan to increase or decrease his holdings during the buyback period. He promised to push for relevant review and vote in favor. The matter is still uncertain, so investors are reminded to be aware of the risks.