FUSHILAI plans to spend between 20 million and 40 million yuan to implement a buyback
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According to the Zhitong Finance APP, FUSHILAI announced that the company plans to use its own funds to repurchase company shares for the implementation of an equity incentive plan or employee stock ownership plan. The total amount of funds for the share repurchase will not be less than 20 million yuan (inclusive) and not exceed 40 million yuan (inclusive), with the repurchase price not exceeding 40 yuan per share (inclusive). The implementation period for the share repurchase will be within 12 months from the date the company's board of directors approves this repurchase plan
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