Tianyu Corporation: Planning to repurchase shares worth 80-130 million yuan for incentive purposes.

date
10/06/2026
Tianyu Company announced that the company's sixth board of directors' second meeting approved the "Proposal on Repurchasing Company Shares" plan, intending to repurchase a portion of the public shares with its own funds for employee stock ownership plans or stock incentives. The total amount of the repurchase funds shall be no less than 80 million yuan and no more than 130 million yuan, with a repurchase price not exceeding 30.18 yuan per share, and the implementation period shall be within 6 months from the date of the board's approval of the plan. It is estimated that the number of repurchased shares will be approximately 2.65 million to 4.31 million shares, accounting for 0.76% to 1.24% of the total shares outstanding.