Bojun Technology announced that it plans to use its own funds or self-raised funds to repurchase company shares through centralized bidding, for use in equity incentives or employee stock ownership plans. The total repurchase amount will be no less than 80 million yuan and no more than 150 million yuan, with a repurchase price not exceeding 26.25 yuan per share. Based on the upper limit, it is estimated to repurchase approximately 5.71 million shares, accounting for 1.3157% of total share capital; based on the lower limit, it is estimated to repurchase approximately 3.05 million shares, accounting for 0.7017% of total share capital. The repurchase period is within 12 months from the date the board of directors approves the plan.
Jiangsu Bojun Industrial Technology Co. LtdCompany announces share buyback plan of 80-150 million yuan for equity incentives.
