--- title: "Arrow plans to repurchase company shares for 50 million to 100 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/224069714.md" description: "Arrow plans to repurchase company shares, with an amount between 50 million yuan and 100 million yuan, and the repurchase price not exceeding 12.62 yuan per share. This repurchase will be used for equity incentives or employee stock ownership plans, with a repurchase period not exceeding 12 months from the date of approval by the board of directors" datetime: "2025-01-06T12:52:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/224069714.md) - [en](https://longbridge.com/en/news/224069714.md) - [zh-HK](https://longbridge.com/zh-HK/news/224069714.md) generator: "portal-rs" --- # Arrow plans to repurchase company shares for 50 million to 100 million yuan According to the announcement from Zhitong Finance APP, Arrow (001322.SZ) plans to use its own funds and a special loan for repurchase to buy back some of the company's publicly held shares through centralized bidding. The repurchased shares will be used to implement an equity incentive plan or an employee stock ownership plan. The total amount of funds for the repurchase will not be less than RMB 50 million (inclusive) and not exceed RMB 100 million (inclusive), with the repurchase price not exceeding RMB 12.62 per share. The repurchase period will not exceed 12 months from the date the company's board of directors approves the repurchase plan ### Related Stocks - [001322.CN](https://longbridge.com/en/quote/001322.CN.md) ## Related News & Research - [09:00 ETDREAMO and DREAMOSIS Bring the Collectible Character Into a New Physical-Digital World](https://longbridge.com/en/news/296703803.md) - [The Rocket Is Only 1 Piece of Rocket Lab’s Real Strategy](https://longbridge.com/en/news/296396212.md) - [05:37 ETGlobal Artist Hajime Sorayama Establishes Sorayama Hajime Estate Co., Ltd. and Announces New Management Structure](https://longbridge.com/en/news/296597923.md) - [09:43 ETFernet-Branca Pays Tribute to Its Deep Ties to Tattoo Culture with Limited-Edition Bottle Designed by Austin England](https://longbridge.com/en/news/296365754.md) - [Bashing AI data centers makes its way into brand marketing with new Jason Kelce ad](https://longbridge.com/en/news/296278546.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**