Zhejiang Longsheng (600352): Upper Limit Of Share Repurchase Price Raised To No More Than 18 Yuan / Share
On July 22, Zhejiang Longsheng (600352. SH) announced that the company's recent stock price has exceeded the upper limit of share repurchase price, that is, 13 yuan / share (adjusted to 12.75 yuan / share after cash dividend in 2019), and the total amount of shares repurchased by the company so far is 143812, The scale of the fourth board meeting of the board of directors has not reached 288 million yuan.
Considering that the buyback period is up to August 3, 2020, in order to continue to implement the share repurchase, the board of directors of the company has decided to adjust the upper price limit of the repurchase shares to no more than 18.00 yuan / share. In addition, other contents in the original repurchase plan, including the scale, mode, source of funds, period of the shares to be repurchased, will not be adjusted.
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