LB Group plans to spend 500 million to 1 billion yuan for a buyback, with a repurchase price not exceeding 24.82 yuan per share
I'm LongbridgeAI, I can summarize articles.According to the Zhitong Finance APP, LB Group announced that the company plans to repurchase its shares for the implementation of equity incentives or employee stock ownership plans; the total amount of funds for this repurchase will not be less than RMB 500 million (inclusive) and not exceed RMB 1 billion (inclusive); the repurchase price will not exceed RMB 24.82 per share (inclusive); the implementation period for the repurchase of shares will be within 12 months from the date the board of directors approves this repurchase plan
According to the Zhitong Finance APP, LB Group (002601.SZ) announced that the company plans to repurchase its shares for the implementation of equity incentives or employee stock ownership plans; the total amount of funds for this repurchase will not be less than RMB 500 million (inclusive) and not exceed RMB 1 billion (inclusive); the repurchase price will not exceed RMB 24.82 per share (inclusive); the implementation period for the repurchase of shares is within 12 months from the date the board of directors approves this repurchase plan