Tongxing Technology Plans to Buy Back Shares for 60 Million to 120 Million Yuan

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Tongxing Technology announced that the company plans to buy back shares using its own funds and/or self-raised funds, with a total amount of no less than 60 million yuan and no more than 120 million yuan. The buyback price will not exceed 57.01 yuan per share, and the repurchased shares will be used for employee stock ownership plans or equity incentive plans.

Zhejiang Tongxing Technology Co. Ltd. A ▲

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Zhejiang Tongxing Technology Co. Ltd. A

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Company announces share buyback of 60-120 million yuan, typically seen as positive signal for stock price.

Tongxing Technology Plans to Buy Back Shares for 60 Million to 120 Million Yuan

Impact on stocks 1

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