ANDRE JUICE Plans A-Share Buyback of RMB 120 Million to RMB 180 Million

Stock News18:26

ANDRE JUICE (02218) has announced a plan to repurchase part of its A-share shares through centralized bidding transactions.

The buyback is intended to effectively safeguard the company's value and shareholders' rights, as well as to bolster investor confidence.

The decision took into account factors including the company's financial position, future development, and a reasonable valuation level.

The repurchased shares will be used for an employee stock ownership plan or equity incentives.

The total funds for the buyback will be no less than RMB 120 million and no more than RMB 180 million (inclusive), with the repurchase price not exceeding RMB 100 per share.

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