--- title: "JMC plans to repurchase shares worth between 150 million to 200 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/235738992.md" description: "According to the Zhitong Finance APP, JMC announced that the company plans to repurchase shares worth between RMB 150 million and RMB 200 million, with a repurchase price not exceeding RMB 22.00 per share. The repurchased shares will be used to implement the company's employee stock ownership plan or equity incentive. If the company fails to utilize the repurchased shares within 36 months after the completion of the share repurchase, the unused repurchased shares will be canceled" datetime: "2025-04-13T08:19:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/235738992.md) - [en](https://longbridge.com/en/news/235738992.md) - [zh-HK](https://longbridge.com/zh-HK/news/235738992.md) generator: "portal-rs" --- # JMC plans to repurchase shares worth between 150 million to 200 million yuan According to the announcement from JMC (000550.SZ), the company plans to repurchase shares worth between RMB 150 million and RMB 200 million, with a repurchase price not exceeding RMB 22.00 per share. The repurchased shares will be used to implement the company's employee stock ownership plan or equity incentive. If the company fails to utilize the repurchased shares within 36 months after the completion of the share repurchase, the unused repurchased shares will be canceled ### Related Stocks - [000550.CN](https://longbridge.com/en/quote/000550.CN.md) - [200550.CN](https://longbridge.com/en/quote/200550.CN.md) ## Related News & Research - [REG - Chesterfield Special - Holding(s) in Company](https://longbridge.com/en/news/298275312.md) - [USAS Building System sells 43% stake in Mega Construction for RMB 33.86 million](https://longbridge.com/en/news/298204686.md) - [Audi to shift 4-ring business to FAW as SAIC focuses on AUDI, report says](https://longbridge.com/en/news/298212767.md) - [13:11 ETDacon Corporation, indus, and VMD Companies Celebrate Major Construction Milestone with Cross Beam Signing Ceremony](https://longbridge.com/en/news/298350474.md) - [Weekly Recap: 4.1% pay-hike labor deal and Nomura outperformance call](https://longbridge.com/en/news/298234933.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**