Shandong Gold (600547.SH) plans to repurchase shares for RMB 300 million to RMB 400 million to cancel them and reduce registered capital.

Zhitong Finance APP News: Shandong Gold (600547.SH) has announced that the company plans to use its own funds and self-raised funds to repurchase part of its shares through centralized bidding transactions. The repurchased shares will be cancelled in accordance with the law and the company's registered capital will be reduced. The total funds for this share repurchase shall be no less than RMB 300 million (inclusive) and no more than RMB 400 million (inclusive), and the repurchase price per share shall not exceed RMB 48.57 (inclusive).