Wuxi Lead Intelligent Equipment CO.,LTD. announces an Equity Buyback for CNY 300 million worth of its shares.
June 12, 2023 at 06:36 am EDT
Wuxi Lead Intelligent Equipment CO.,LTD. (SZSE:300450) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its shares. The shares will be repurchased at a price not more than CNY 53 per share. The repurchased shares will be used for employee stock ownership plans or equity incentives. The program is valid for 12 months.
On July 1, 2023, the company amended its share repurchase program. The shares will be repurchased at a price not exceeding CNY 52.46 per share.