Home » Rongsheng Environmental Protection: It plans to repurchase not less than 100 million yuan and not more than 200 million yuan of company shares | Daily Economic News

Rongsheng Environmental Protection: It plans to repurchase not less than 100 million yuan and not more than 200 million yuan of company shares | Daily Economic News

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Rongsheng Environmental Protection: It plans to repurchase not less than 100 million yuan and not more than 200 million yuan of company shares | Daily Economic News

Every time an AI alert is sent,Rongsheng Environmental Protection (SH 603165, closing price: 13.49 yuan) announced on the evening of May 4 that on May 4, 2022, the company held the twelfth meeting of the seventh board of directors and the ninth meeting of the seventh board of supervisors. The Proposal on Repurchasing Shares of the Company by Centralized Bidding was reviewed and approved, and the independent directors expressed their clear consent on the issue of share repurchase. The repurchased shares will be used for the company’s employee stock ownership plan or equity incentive plan. Amount of shares repurchased and purpose of repurchasing shares: The total amount of funds to be repurchased shall not be less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive). The repurchase price shall not exceed 23 yuan per share (inclusive), that is, not higher than 150% of the average trading price of the company’s shares in the 30 trading days prior to the resolution of the board of directors to consider and approve the repurchase plan. The period for the share repurchase is within 12 months from the date when the board of directors of the company considers and approves the share repurchase plan.

The general manager and chairman of Rongsheng Environmental Protection are Feng Ronghua, male, 57 years old, with a master’s degree.

1. In the past 30 days, there has been no change in the shareholding of northbound funds of Rongsheng Environmental Protection;
2. In the past 30 days, no institution has conducted research on Rongsheng Environmental Protection.

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(Reporter Wang Xiaobo)

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