On June 3rd, Zhejiang Hailide New Material Co.,Ltd. (ASX: 002206) announced that it had conducted its first share repurchase for the year.
The company executed the buyback through a dedicated securities account using the centralized competitive bidding method on the same date.
A total of 750,000 shares were repurchased, representing approximately 0.06% of the company's current total share capital.
The transaction saw a highest price per share of 5.50 yuan and a lowest price of 5.44 yuan.
The total consideration for the repurchase amounted to 4,102,500 yuan, excluding transaction fees.
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