Espressif Systems Plans Share Buyback Worth 50 Million to 100 Million Yuan

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Espressif Systems announced that the company plans to repurchase shares through centralized bidding. The total buyback amount will be no less than 50 million yuan and no more than 100 million yuan, with a maximum repurchase price of 121.28 yuan per share. The buyback period is within three months from the date of board approval. The repurchased shares will be used for employee stock ownership or equity incentive plans.

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