Chaozhou Three-Circle (Group) Co., Ltd. (300408.SZ) announced that it intends to use its own funds or self-raised funds to repurchase some of its A-shares through centralized bidding, in a move aimed at safeguarding the company's value and shareholders' interests.
The total amount of funds allocated for the share repurchase will be no less than RMB 500 million and no more than RMB 1 billion.
The price per repurchased share will not exceed RMB 100 per share (inclusive).
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