Three Squirrels Inc. (300783.SZ) has disclosed a plan to repurchase a portion of its publicly traded shares using its own capital through centralized bidding. The repurchased shares are intended for employee stock incentive plans or an employee持股计划, as well as for safeguarding the company's value and shareholder rights. The company has allocated no less than 100 million yuan and no more than 200 million yuan of its own funds for the repurchase, with a maximum price per share set at 32.34 yuan. For shares repurchased for employee incentive plans, the repurchase period will not exceed twelve months from the date the board of directors approves the final repurchase plan. If the purpose is to maintain corporate value and shareholder权益, the repurchase must be completed within three months from the date of board approval.
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