---
title: "NovelBeam Technology: Has repurchased 160,000 shares with a total fund amount of 5.9766 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233846004.md"
description: "NovelBeam Technology announced that on March 3, 2025, the board of directors approved a share repurchase plan, intending to repurchase shares with funds ranging from 50 million to 100 million yuan through centralized bidding, for the purpose of employee stock ownership plans or equity incentives. As of March 31, 2025, the company had repurchased a total of 160,000 shares, accounting for 0.1327% of the company's total share capital, with a repurchase price range of 36.88 yuan/share to 37.9 yuan/share, and a total expenditure of 5.9766 million yuan"
datetime: "2025-03-31T08:45:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233846004.md)
  - [en](https://longbridge.com/en/news/233846004.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233846004.md)
generator: "portal-rs"
---

# NovelBeam Technology: Has repurchased 160,000 shares with a total fund amount of 5.9766 million yuan

NovelBeam Technology announced that on March 3, 2025, the board of directors approved a share repurchase plan, intending to repurchase shares using funds ranging from 50 million to 100 million yuan through centralized bidding, for the purpose of an employee stock ownership plan or equity incentive. As of March 31, 2025, the company had repurchased a total of 160,000 shares, accounting for 0.1327% of the company's total share capital, with a repurchase price range of 36.88 yuan/share to 37.9 yuan/share, and a total of 5.9766 million yuan used

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**