Flaircomm Microelectronics, Inc. (301600.SZ) plans to repurchase company shares for RMB50 million to RMB100 million.
Flaircomm Microelectronics, Inc. (301600.SZ) announced that, after taking into account market conditions and its financial position, the company plans to repurchase part of its publicly held shares using its own funds. The repurchased shares will be sold at an appropriate time in the future, and the proceeds will be included in a special repurchase fund used to safeguard the company's value. The funds for the share repurchase shall be no less than RMB50 million and no more than RMB100 million, and the repurchase price shall not exceed RMB100 per share.
Flaircomm Microelectronics, Inc. (301600.SZ) announced that, taking into account market conditions and its financial position, the company plans to repurchase a portion of its publicly held shares using its own funds. The repurchased shares will be sold at an appropriate time in the future, with the proceeds to be included in a special repurchase fund used to safeguard the company's value. The funds for the share repurchase shall be no less than RMB50 million and no more than RMB100 million, and the repurchase price shall not exceed RMB100 per share.
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