Zhejiang Dayang Biology Technology Co.,Ltd. announces an Equity Buyback for CNY 126 million worth of its shares.
November 25, 2021 at 04:00 pm
Zhejiang Dayang Biology Technology Co.,Ltd. (SZSE:003017) announces a share repurchase program. Under the program, the company will repurchase up to CNY 126 million of Class A shares at a purchase price of CNY 45 per share. The repurchased shares are used to implement employee shareholding plans or equity incentives. The funds for the repurchase of shares would come from the companys own funds. The program will be valid for 12 months from the date of approval by the board of directors.