Midea Group: 5 billion yuan - 10 billion yuan to buy back shares
2025-03-28 14:48:26
On March 28th, Midea Group announced that the company plans to repurchase class A shares in a centralized bidding mode, and the repurchase amount does not exceed 10 billion yuan and not less than 5 billion yuan. The source of funds is equity fund and/or special project loans for stock repurchase. The repurchase price does not exceed 100 yuan/share, and the repurchased shares will be used for cancellation to reduce registered capital and implement Equity Incentive Plan and/or employee stock ownership plan.
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