HeNan Splendor Science & Technology Co., Ltd. announces an Equity Buyback for CNY 350 million worth of its shares.
February 24, 2021 at 04:00 pm
HeNan Splendor Science & Technology Co., Ltd. (SZSE:002296) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 350 million worth of its shares. The shares will be repurchased at a price not more than CNY 9.30 per share. The repurchased shares will be used for the implementation of equity incentives or employee stock ownership plans. The repurchases will be funded using the company's own funds. The program will be valid for 12 months.