Hengrui Pharmaceutical (01276) plans to repurchase 1 billion to 2 billion yuan of A-share shares for A-share employee stock ownership plans

Zhitong Finance App News, Hengrui Pharmaceutical (01276) announced that based on confidence and fundamental judgment on the company's future development prospects, in order to protect the interests of the company and investors, improve the long-term incentive mechanism for the company's employees, and fully motivate employees, the company plans to repurchase the company's A shares with its own capital of not less than 1 billion yuan or no more than 2 billion yuan, at a repurchase price of no more than 81.78 yuan/share. The shares repurchased will be used for A-share employee stock ownership plans.