Yonghui Supermarket: the purpose of share repurchase is to be adjusted to write off to reduce the registered capital
Yonghui supermarket announced that it plans to change the purpose of share repurchase from "as the stock source for the company to implement equity incentive or employee stock ownership plan" to "write off to reduce the registered capital". The number of shares to be cancelled this time is 393 million, accounting for 4.13% of the total share capital of the company.
This text is a result of machine translation.
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