Sichuan Haite High-tech Co., Ltd. announces an Equity Buyback for CNY 200 million worth of its shares.
February 01, 2021 at 11:00 am EST
Sichuan Haite High-tech Co., Ltd. (SZSE:002023) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its common stock. The shares will be repurchased at a price of CNY 20 per share. The program will be funded from company's own funds. The repurchase of shares will be used for equity incentives and/or employee stock ownership plans. The program will be valid for 12 months.