Shanghai Guangdian Electric Group Co Ltd601616
▲ PositiveCapitalrelevance
Company announces share buyback plan of 100-200 million yuan, signaling confidence and supporting stock price.

Guangdian Electric announced that the company plans to repurchase shares through centralized bidding with an amount no less than 100 million yuan and no more than 200 million yuan. The repurchased shares are intended for future employee stock ownership plans or equity incentives, with a repurchase price not exceeding 4.2 yuan per share.
Shanghai Guangdian Electric Group Co LtdCompany announces share buyback plan of 100-200 million yuan, signaling confidence and supporting stock price.