Home » Puluo Pharmaceuticals plans to buy back 200-400 million shares for equity incentives or employee stock ownership plans jqknews

Puluo Pharmaceuticals plans to buy back 200-400 million shares for equity incentives or employee stock ownership plans jqknews

by admin
Puluo Pharmaceuticals plans to buy back 200-400 million shares for equity incentives or employee stock ownership plans jqknews


In order to further improve the company’s long-term incentive mechanism,Pro PharmaLimited by Share Ltd (hereinafter referred to as “Pro Pharma” or “Company”) recentlyannouncementSaid that the company intends to use a large amount of its own funds to conduct centralized bidding transactionsrepoCompany shares for implementing equity incentive plans or employee stock ownership plans.

The announcement shows that the total repurchase funds are 200 million to 400 million yuan, and the price is not more than 30 yuan per share. According to the upper and lower limits of the repurchase amount, it is estimated that the number of shares that can be repurchased is 6,666,667 shares to 13,333,333 shares, accounting for about 0.57% to 1.13% of the company’s total share capital. The repurchase period is within 6 months from the date when the company’s board of directors considers and approves the share repurchase plan.

Regarding the purpose of this share repurchase, the relevant person in charge of the company stated that the company intends to repurchase some of the company’s shares with its own funds on the basis of considering business development prospects, financial conditions, future profitability and the recent performance of the company’s stock secondary market. , used to implement the company’s equity incentive plan or employee stock ownership plan.

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)


Article source: Shanghai Securities News China Securities Network

Responsible editor: 91

Original title: Puluo Pharmaceutical plans to repurchase 200-400 million shares for equity incentives or employee stock ownership plans

Share to WeChat Moments

Open WeChat,

Click “Discover” at the bottom

Use “Sweep”

You can share the webpage to the circle of friends

Scan the QR code to follow

Oriental Fortune official website WeChat

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy