ST Lecron plans to spend 50 million to 100 million yuan for a buyback
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According to the Zhitong Finance APP, ST LECRON announced that the company plans to repurchase a portion of its A shares through centralized bidding. The repurchased shares will be used for employee stock ownership or equity incentive plans. The total amount of funds for the repurchase will not be less than 50 million yuan (inclusive) and not exceed 100 million yuan (inclusive). The repurchase price will not exceed 8 yuan per share (inclusive). The implementation period for the repurchase of shares will not exceed 12 months from the date the company's board of directors approves the final repurchase plan
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