---
title: "Dongbao Bio-Tech plans to spend between 50 million to 100 million yuan to repurchase shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/223985419.md"
description: "According to the Zhitong Finance APP, Dongbao Bio-Tech announced that the company plans to spend between 50 million to 100 million yuan to repurchase shares, with a repurchase price not exceeding 8 yuan per share, which will be used to implement an employee stock ownership plan or equity incentive"
datetime: "2025-01-05T08:29:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/223985419.md)
  - [en](https://longbridge.com/en/news/223985419.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/223985419.md)
generator: "portal-rs"
---

# Dongbao Bio-Tech plans to spend between 50 million to 100 million yuan to repurchase shares

According to the announcement from Dongbao Bio-Tech (300239.SZ), the company plans to spend between 50 million to 100 million yuan to repurchase shares, with the repurchase price not exceeding 8 yuan per share, which will be used to implement an employee stock ownership plan or equity incentive

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