Joyson Electronics (600699.SH) has announced a plan to repurchase its issued RMB-denominated ordinary shares (A shares) through centralized bidding transactions using its own funds and self-raised funds.
All repurchased shares will be cancelled entirely, with a corresponding reduction in the company's registered capital.
The buyback amount will be no less than 150 million yuan (inclusive) and no more than 300 million yuan (inclusive).
The repurchase price will not exceed 30 yuan per share.
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