Intco Medical Technology Co., Ltd. (SZSE:300677) announces a share repurchase program. Under the program, the company will repurchase shares up to CNY 500 million worth of its A shares. The repurchase price does not exceed CNY 34.38 per share.
The shares repurchased will be used for employee stock ownership plans and/or equity incentives. The repurchases will be funded by company's own funds. The program will be valid for 12 months.