--- title: "Hengda New Material: Plans to repurchase shares worth 15 million to 30 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/236774302.md" description: "Hengda New Material announced that the company plans to repurchase shares worth 15 million to 30 million yuan, with funding sourced from its own funds or self-raised funds. The repurchase price will not exceed 36.34 yuan per share, and the repurchased shares will be used for employee stock ownership plans or equity incentives. If not fully utilized within 3 years, the company will legally proceed with the reduction of registered capital" datetime: "2025-04-21T11:16:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/236774302.md) - [en](https://longbridge.com/en/news/236774302.md) - [zh-HK](https://longbridge.com/zh-HK/news/236774302.md) generator: "portal-rs" --- # Hengda New Material: Plans to repurchase shares worth 15 million to 30 million yuan Hengda New Material announced that the company plans to repurchase shares worth 15 million to 30 million yuan, with funding sourced from its own funds or self-raised funds. The repurchase price will not exceed 36.34 yuan per share, and the repurchased shares will be used for employee stock ownership plans or equity incentives. If not fully utilized within three years, the company will legally proceed with the reduction of registered capital ### Related Stocks - [301469.CN](https://longbridge.com/en/quote/301469.CN.md) ## Related News & Research - [Money Managers Turn Bullish On China Despite Mounting Economic Woes](https://longbridge.com/en/news/296554795.md) - [The Outlook for a Smaller Ghana Cocoa Crop Supports Prices](https://longbridge.com/en/news/296516744.md) - [ETF Savings Plans Boom in Switzerland – But Not Because of AI](https://longbridge.com/en/news/296473012.md) - [Turning Point USA announces Charlie Kirk memorial on university campus where he was shot](https://longbridge.com/en/news/296708182.md) - [Weekly Recap: Two interim dividends paid and selective iron‑ore bidding](https://longbridge.com/en/news/296720277.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**