Newland Digital Technology Co.,Ltd. (SZSE:000997) announces a share repurchase program. Under the program, the company will repurchase up to CNY 700 million worth of its shares. The shares will be repurchased at no more than CNY 24 per share. The program will be funded from company's own or self-raised funds. The program is subject to approval from shareholders. The program will be valid for 12 months from the approval of shareholders at the Extraordinary General Meeting to be held on December 3, 2024.
On June 25, 2025, the company announced that it has adjusted its share repurchase price to CNY 36.79 per share. The adjustment will be effective from July 1, 2025.
Newland Digital Technology Co.,Ltd. announces an Equity Buyback for CNY 700 million worth of its shares.
Published on 11/19/2024 at 01:07 am IST
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