Sichuan Gangtong Medical Equipment Group Co., Ltd announces an Equity Buyback for CNY 30 million worth of its shares.
February 05, 2024 at 10:24 am
Sichuan Gangtong Medical Equipment Group Co., Ltd (SZSE:301515) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its A shares. The shares will be repurchased at a price not more than CNY 39.6 per share. The repurchased shares will be used for employee shareholding plan or as equity incentive. The authorization will be valid for a period of 12 months.
On June 12, 2024, the company announced that it has adjusted the purchase price per share to CNY 39.34 per share, effective from June 19, 2024.