KIBING plans to repurchase shares worth 100 million to 200 million yuan
I'm LongbridgeAI, I can summarize articles.According to the Zhitong Finance APP, KIBING announced that the company plans to repurchase shares worth between 100 million to 200 million yuan, with the repurchase price not exceeding 9 yuan per share. The repurchased shares will be used for the company's employee stock ownership plan or equity incentives at an appropriate time in the future. If the company fails to use the repurchased shares within 36 months after the completion of the share repurchase, the unused repurchased shares will be canceled
According to the Zhitong Finance APP, KIBING (601636.SH) announced that the company plans to repurchase shares worth between 100 million to 200 million yuan, with the repurchase price not exceeding 9 yuan per share. The repurchased shares will be used for the company's employee stock ownership plan or equity incentives at an appropriate time in the future. If the company fails to use the repurchased shares within 36 months after the completion of the share repurchase, the unused repurchased shares will be canceled