Baiya Corporation: Intends to use no more than 100 million yuan to repurchase company shares.
Baia announced that it plans to use its own funds to repurchase some of the company's issued Renminbi ordinary shares through centralized bidding trading. The total amount of repurchase funds will not be less than RMB 50 million and not exceed RMB 100 million, with a repurchase price not exceeding RMB 21 per share. It is estimated that the number of shares repurchased will be approximately 2.381 million to 4.7619 million shares, accounting for about 0.55% to 1.11% of the company's current total share capital.
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