HONGHUI plans to spend 10 million to 20 million yuan to implement a buyback
HONGHUI announced plans to repurchase shares, with a total funding amount between 10 million yuan and 20 million yuan, and the repurchase price not exceeding 15.90 yuan per share. The repurchased shares will be completely canceled, reducing the company's registered capital, and the implementation period will not exceed 6 months after the shareholders' meeting approval
According to the announcement from Honghui New Materials (002802.SZ), the company plans to use its own funds to repurchase shares through centralized bidding. The repurchased shares will be fully canceled, and the company's registered capital will be correspondingly reduced. The total amount of funds for this share repurchase will not be less than 10 million yuan (inclusive) and will not exceed 20 million yuan (inclusive). The price for the repurchased shares will not exceed 15.90 yuan per share (inclusive). The implementation period for this share repurchase will not exceed 6 months from the date the company's shareholders' meeting approves the share repurchase plan
