Fujian Green Pine Co.,Ltd. has announced a plan to repurchase a portion of its issued A-shares using the company's own capital.
The buyback will be conducted through centralized bidding on the secondary market.
The shares repurchased under this program are intended to be cancelled, leading to a reduction in the company's registered capital.
The repurchase price is set not to exceed 10 yuan per share.
The total amount of funds allocated for the share repurchase is between 30 million yuan and 45 million yuan.
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