Sanqi mutual Entertainment: it is proposed to repurchase shares of RMB 200 million to RMB 300 million for employee stock ownership plan or equity incentive plan
According to the announcement of Sanqi mutual entertainment, the chairman proposed to repurchase the company's shares, which are proposed to be used in the employee stock ownership plan or equity incentive plan. The repurchase amount is not less than (including) 200 million yuan and not more than (including) 300 million yuan, and the repurchase price is not more than (including) 28 yuan / share. If it is fully repurchased and calculated according to the upper limit of the total repurchase amount and the upper limit of the price of repurchased shares, it is estimated that the number of shares that can be repurchased is about 10.71 million, and the proportion of repurchased shares accounts for about 0.48% of the total share capital of the company.
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