The Chairman of China National Nuclear Power (601985.SH), Lu Tiezhong, proposed a plan to repurchase company shares worth 300 to 500 million yuan.

date
08/04/2025
avatar
GMT Eight
China National Nuclear Power (601985.SH) announced that the Chairman of the company, Lu Tiezhong, proposed to repurchase some of the company's shares through centralized competitive trading method. The repurchased shares will be used to reduce registered capital or equity incentives, optimize the company's capital structure, enhance shareholder value, with a total fund of 300 million to 500 million RMB for the share repurchase. The repurchase price shall not exceed 150% of the average trading price of the company's stock for the last 30 trading days before the board of directors' resolution on the repurchase plan.

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