Hefei Chipmore Technology Co. Ltd. A688352
▲ PositiveCapitalrelevance
Proposed share buyback of 75-150 million yuan signals confidence and supports stock price.

Chipmore Technology announced that General Manager Yang Zongming proposed the company use its own funds and special loan funds for share buybacks to repurchase some A-shares through centralized bidding. The total buyback amount will be no less than 75 million yuan and no more than 150 million yuan, and the repurchased shares will be used for employee equity incentives or shareholding plans.
Hefei Chipmore Technology Co. Ltd. AProposed share buyback of 75-150 million yuan signals confidence and supports stock price.