Sany Heavy Industry plans to spend 400 million to 800 million yuan on A-share buyback for employee stock ownership plan

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Sany Heavy Industry announced plans to use its own funds or self-raised funds to repurchase A-shares through centralized bidding. The buyback amount will be no less than 400 million yuan and no more than 800 million yuan, with a maximum repurchase price of 27.96 yuan per share. The repurchased shares will be used for an A-share employee stock ownership plan. The buyback period will not exceed 12 months from the date of approval by the board of directors.

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Others▲ · 1 stocks
Sany Heavy Industry Co Ltd
600031
▲ PositiveCapitalrelevance

Company announces share buyback of 400-800 million yuan, which typically supports stock price and signals confidence.

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