NanJing Research Institute of Surveying, Mapping & Geotechnical Investigation, Co.Ltd announces an Equity Buyback for CNY 80 million worth of its shares.
May 23, 2023 at 04:29 am EDT
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NanJing Research Institute of Surveying, Mapping & Geotechnical Investigation, Co.Ltd (SZSE:300826) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its ordinary shares (A shares). The shares will be repurchased at a price not more than CNY 21 per share. Shares repurchased will be used to implement the equity incentive plan or employee stock ownership plan. The program will be valid for 12 months.
On July 11, 2023, the company announced that after the 2022 profit distribution, the company adjusted the maximum repurchase price from not more than CNY 21 per share to not more than CNY 20.80 per share.
NanJing Research Institute of Surveying Mapping & Geotechnical Investigation Co Ltd is a China-based company that provides geographic information technology services. The Company mainly provides engineering survey and survey technical services, surveying and mapping services and geographic information system integration and services. The Company provides technical services including geographic information data collection, processing and integration services for industrial applications of construction engineering, urban refinement and intelligent management and spatial location information. The Company conducts its businesses primarily in the domestic market.
NanJing Research Institute of Surveying, Mapping & Geotechnical Investigation, Co.Ltd announces an Equity Buyback for CNY 80 million worth of its shares.
NANJING RESEARCH INSTITUTE OF SURVEYING, MAPPING & GEOTECHNICAL INVESTIGATION, CO.LTD 
