On August 17, Digital China Group Co.,Ltd. announced a plan to repurchase its own shares using internal funds and self-raised capital. The repurchased shares are intended to support future employee stock ownership plans and/or equity incentive programs.
The total funds allocated for this buyback will range between 200 million yuan and 400 million yuan, with a maximum repurchase price set at 39.72 yuan per share. The buyback program is scheduled to be completed within 12 months from the date of board approval.
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