--- title: "LINGSTEEL plans to repurchase shares worth between 50 million and 100 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/236781855.md" description: "According to the Zhitong Finance APP, LINGSTEEL announced that the company plans to repurchase shares worth between RMB 50 million and RMB 100 million, with the repurchase price not exceeding RMB 2.55 per share. The purpose of the repurchased shares is for implementing equity incentives and other uses permitted by laws and regulations" datetime: "2025-04-21T11:43:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/236781855.md) - [en](https://longbridge.com/en/news/236781855.md) - [zh-HK](https://longbridge.com/zh-HK/news/236781855.md) generator: "portal-rs" --- # LINGSTEEL plans to repurchase shares worth between 50 million and 100 million yuan According to the announcement from LINGSTEEL (600231.SH), the company plans to repurchase shares amounting to between RMB 50 million and RMB 100 million, with the repurchase price not exceeding RMB 2.55 per share. The purpose of the repurchased shares is for implementing equity incentives and other uses permitted by laws and regulations ### Related Stocks - [600231.CN](https://longbridge.com/en/quote/600231.CN.md) ## Related News & Research - [REG - Windar Photonics PLC - Result of Placing & Direct Subscription](https://longbridge.com/en/news/296816414.md) - [Krakatau Steel announces extraordinary shareholders meeting](https://longbridge.com/en/news/296799459.md) - [HM Exploration shares gain DTC eligibility for US trading on OTCQB](https://longbridge.com/en/news/296448374.md) - [China's Growing Pet Market Lures New Entrants From Home Appliance, NEV, Other Industries](https://longbridge.com/en/news/296760049.md) - [CHINA TELECOM 1H26 Net Profit Fades 14.9% to RMB19.588B, Beats Forecast; Interim DPS HKD0.1606](https://longbridge.com/en/news/296462591.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**