Cmoc Group Limited (ASX: 603993) has announced a plan to repurchase A-shares through a centralized bidding process, using its own funds or self-raised capital.
The buyback program is aimed at safeguarding company value and shareholder interests, with a total repurchase amount ranging from RMB 1 billion (inclusive) to RMB 2 billion (inclusive).
The repurchase price is capped at RMB 22.78 per share.
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