Zhejiang Hailide New Material Co.,Ltd. (SZSE: 002206) has announced a plan to repurchase a portion of its shares.
The company intends to use its own funds or raised capital to conduct the buyback through centralized bidding on the exchange.
The repurchased shares are designated for use in future equity incentive plans or employee stock ownership schemes.
The total amount allocated for the repurchase is set at no less than 150 million yuan and no more than 300 million yuan.
The maximum price per share for the buyback has been set at 6.5 yuan.
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