China Testing and Testing: Plans to repurchase 3 million shares to 5 million shares_ Securities Times Network

China Testing and Testing: Plans to repurchase 3 million shares to 5 million shares

2022-03-18 16:03

Source: Securities Times e Company

Author: Xu Qingtianmei

Securities Times · e company

Xu Qingtianmei

2022-03-18 16:03

Securities Times e Company News, CTI (300012) announced on the evening of March 18 that the company plans to use its own funds to repurchase the company’s shares through centralized bidding, and the repurchased company shares will be used for employee stock ownership plans or equity incentives. The number of shares to be repurchased this time is 3 million shares to 5 million shares, and the price of the repurchased shares does not exceed 25 yuan per share. It is estimated based on the conditions of the upper limit of the repurchase quantity of 5 million shares and the upper limit of the repurchase price of 25 yuan per share. The repurchase amount shall not exceed 125 million yuan.

Disclaimer: Securities Times strives for true and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. Operational risks are based on this.