Taihua New Materials (603055.SH) plans to repurchase the company's shares for 40 million yuan to 80 million yuan

Zhitong Finance App News, Taihua New Materials (603055.SH) issued an announcement. The company plans to repurchase shares through centralized bidding transactions, and the shares are intended to be used for employee stock ownership plans or equity incentives. The share repurchase amount is not less than 40 million yuan (inclusive) and no more than 80 million yuan (inclusive). The share repurchase price is no more than 12.70 yuan/share (inclusive).