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Ningde Times (03750) plans to buy back the company's A shares

Zhitongcaijing·07/24/2026 14:09:22
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According to the Zhitong Finance App, Ningde Times (03750) announced that the company plans to use its own or self-raised funds to repurchase some of the company's RMB common stock A shares through centralized bidding transactions. Total amount of repurchase capital: It is intended to use no less than RMB 20 billion (including capital) and no more than RMB 40 billion (including capital) of own or self-raised funds. Repurchase price: Not higher than 150% of the average trading price of the company's shares in the 30 trading days before the board of directors of the company deliberates and passes the share repurchase decision. The maximum repurchase price is 573 yuan/share.