Sinotec plans to repurchase company shares for 10 million to 20 million yuan
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According to the Zhitong Finance APP, Sinotec announced that the company plans to use its own funds or self-raised funds to repurchase a portion of its publicly held shares for the purpose of equity incentives and/or employee stock ownership plans. The amount for the share repurchase will not be less than RMB 10 million (inclusive) and not more than RMB 20 million (inclusive), with the repurchase price not exceeding RMB 27.42 per share (inclusive)
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