Zhejiang Huace Film & TV Co., Ltd. announces an Equity Buyback for CNY 150 million worth of its shares.
August 26, 2021 at 12:00 pm EDT
Zhejiang Huace Film & TV Co., Ltd. (SZSE:300133) announces a share repurchase program. Under the program, the company will repurchase up to CNY 150 million. The shares will be repurchased at a price not more than CNY 7 per share. The program will be funded from the company's own funds. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 6 months.