Jingjin Environmental Protection Co.,Ltd. commences an Equity Buyback Plan for CNY 200 million worth of its shares, under the authorization approved on May 6, 2021.
May 12, 2021
Share
Jingjin Environmental Protection Co.,Ltd. (SHSE:603279) commences a share repurchases on May 12, 2021, under the program mandated by the shareholders in the Annual General Meeting held on May 6, 2021. As per the mandate, the company is authorized to repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 31 per share. The program will be valid for a period of 12 months, until May 5, 2022.
On June 18, 2021, the company announced that it has adjusted the maximum repurchase price from CNY 31 to CNY 30.31 per share.
On February 9, 2022, the company announced that it has adjusted its repurchase price from CNY30.31 per share to CNY 50 per share.
Jingjin Equipment Inc, formerly Jingjin Environmental Protection Co Ltd, is a China-based company mainly engaged in the production and sales of complete filter presses, supporting equipment and accessories. The Company provides overall solutions covering strategic communication, research and development (R&D) and design, production and transportation of equipment and supporting facilities, construction and installation, and equipment commissioning. The Company's products are mainly used in environmental protection, minerals and processing, chemicals, food and medicine and other fields. The Company's products are sold to the United States, Japan, the European Union, India, Australia, Brazil and many other countries and regions.
Jingjin Environmental Protection Co.,Ltd. commences an Equity Buyback Plan for CNY 200 million worth of its shares, under the authorization approved on May 6, 2021.