ST Juewei plans to buy back shares for 100 million to 200 million yuan

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ST Juewei announced that the company plans to use its own funds and/or self-raised funds to buy back shares, with a repurchase amount of no less than 100 million yuan and no more than 200 million yuan, and a repurchase price not exceeding 15.72 yuan per share. The repurchased shares will be used for employee stock ownership plans or equity incentives, and the repurchase period is within 12 months after approval by the shareholders' meeting.

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Juewei Food Co Ltd
603517
▲ PositiveCapitalrelevance

Company announces share buyback plan of 100-200 million yuan, typically supportive for stock price.