--- title: "Topstrong plans to spend 20 million to 35 million yuan to implement a buyback" type: "News" locale: "en" url: "https://longbridge.com/en/news/230307152.md" description: "According to the Zhitong Finance APP, Topstrong announced that the company plans to repurchase shares using its own funds and a special loan for stock repurchase for the employee stock ownership plan or equity incentive plan; the total amount of funds for the repurchase will not be less than 20 million yuan (inclusive) and not exceed 35 million yuan (inclusive); the repurchase price will not exceed 9.6 yuan/share (inclusive); the repurchase period is within 12 months from the date the board of directors approves this share repurchase plan" datetime: "2025-03-03T11:05:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/230307152.md) - [en](https://longbridge.com/en/news/230307152.md) - [zh-HK](https://longbridge.com/zh-HK/news/230307152.md) generator: "portal-rs" --- # Topstrong plans to spend 20 million to 35 million yuan to implement a buyback According to the Zhitong Finance APP, Topstrong (300749.SZ) announced that the company plans to repurchase shares using its own funds and a special loan for stock repurchase for the employee stock ownership plan or equity incentive plan; the total amount of funds for the repurchase will not be less than 20 million yuan (inclusive) and not exceed 35 million yuan (inclusive); the repurchase price will not exceed 9.6 yuan per share (inclusive); the repurchase period will be within 12 months from the date the board of directors approves this share repurchase plan ### Related Stocks - [300749.CN](https://longbridge.com/en/quote/300749.CN.md) ## Related News & Research - [ZAWYA: Bahrain: LuLu set to invest $165mln in six new outlets](https://longbridge.com/en/news/297868851.md) - [Rosen Law Firm Encourages Putnam Investment Management, LLC Mutual Fund Investors to Inquire About Securities Class Action Investigation](https://longbridge.com/en/news/297577972.md) - [Knight Therapeutics wins Colombia approval for Tavalisse in chronic ITP](https://longbridge.com/en/news/297703037.md) - [Hartalega publishes presentation for 20th AGM](https://longbridge.com/en/news/297878053.md) - [Xiaomi sets September 7 launch for 18 Fold foldable phone](https://longbridge.com/en/news/297748864.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**