spinsandcoins| Yutong Optics (300790.SZ): It plans to spend 9 million to 18 million yuan to repurchase shares, and the total number of repurchase is expected to reach up to 900,000 shares
editor 2024-05-16 01:26:17 Finance 33
Newsletter summary
Yuqiu Optics plans to use 9 million to 18 million yuan to buy back shares, and is expected to buy back 450000 to 900000 shares, accounting for 0% of the total share capital.Spinsandcoins.13% to 0.27%, the repurchased shares will be used in the employee stock ownership plan or equity incentive plan.
Text of news flash
[300790.SZ plans to spend 9 million to 18 million yuan to buy back A shares.] on May 15, Yumi Optics announced that the company plans to use its own funds to buy back some of the A shares outstanding through centralized competitive trading. According to the announcement, the total amount of the buyback funds will not be less than 9 million yuan and not more than 18 million yuan. If the price of the repurchase shares does not exceed 20.00 yuan per share, according to the upper limit of the total repurchase funds, the total number of repurchase shares is expected to be 900000 shares, accounting for 0.27% of the company's current total share capital; if calculated according to the lower limit of the total repurchase funds, the total number of shares that can be repurchased is expected to be 450000 shares, accounting for 0.13% of the company's current total share capital. The company will announce the specific buyback situation according to the number of shares on the actual repurchase completion date. It is worth noting that the implementation period of the share buyback is within 3 months from the date of approval of the buyback plan by the board of directors. All the repurchased shares will be used in employee stock ownership plans or equity incentive plans, the company said. If the company fails to use the repurchased shares for the above-mentioned purposes within 36 months from the date of the announcement of the completion of the repurchase, the unused repurchased shares will be cancelled. Market analysts believe that the buyback plan of pupil optics showsSpinsandcoinsIt not only helps the company's confidence in its long-term development, but also helps to boost the market's confidence in the company. However, the actual impact of the buyback plan on the company's share price depends on the follow-up implementation. Investors need to pay close attention to the follow-up announcement of pupil optics to get the latest news on the progress of the buyback plan. At the same time, investors should also pay attention to the company's financial situation, business development, market environment and other factors, in order to make rational investment decisions.