ArcSoft Corp Ltd688088
▲ PositiveCapitalrelevance
Company announces share buyback of 100-150 million yuan, supporting stock price.

ArcSoft announced that the company plans to repurchase shares through centralized bidding. The buyback amount will be no less than 100 million yuan and no more than 150 million yuan, with a repurchase price not exceeding 51 yuan per share. The repurchased shares will be used entirely for employee stock ownership plans or equity incentives. The buyback period is within 12 months from the date of board approval.
ArcSoft Corp LtdCompany announces share buyback of 100-150 million yuan, supporting stock price.