Multiple A-share companies announce buyback plans covering electronics, pharmaceuticals, and new materials sectors

Corporate Action
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On the evening of July 19, a number of A-share listed companies disclosed buyback announcements, spanning electronics, pharmaceuticals, new materials, and other industries. Crystal New Materials plans to use its own funds to repurchase shares, with a total amount of no less than 50 million yuan and no more than 100 million yuan, at a price not exceeding 45.98 yuan per share. The repurchased shares will be used for sale or cancellation. Olympic Circuit Technology intends to use 200 million to 300 million yuan of its own or self-raised funds to repurchase shares, with a price cap of 55 yuan per share, for employee stock ownership plans or equity incentives, and the buyback period will not exceed six months. RemeGen plans to repurchase shares with 25 million to 50 million yuan, for employee stock ownership plans or equity incentives, at a price not exceeding 149 yuan per share, with a buyback period of no more than 12 months. Jianlong Micro-Nano New Materials intends to use 20 million to 40 million yuan of its own or self-raised funds to repurchase shares, at a price not exceeding 40 yuan per share, also for employee stock ownership plans or equity incentives, with a buyback period of no more than 12 months. Huaan Securities Chairman Zhang Hongtao proposed that the company use 100 million to 200 million yuan of its own funds to repurchase shares, based on maintaining company value and shareholder equity. The plan is to sell them through centralized competitive trading 12 months after the announcement of the buyback results and share changes report. If not fully sold within three years, the remaining shares will be cancelled.

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Others · 5 stocks
RemeGen Co. Ltd. A
688331
▲ PositiveCapitalrelevance

Announced buyback of 25-50 million yuan for employee stock ownership or equity incentives.