Panlong Pharmaceutical Plans Share Buyback for Employee Stock Ownership Plan

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Summary · why it matters

Panlong Pharmaceutical announced on August 27 that it plans to use its own funds to repurchase shares through centralized bidding, for use in an employee stock ownership plan or equity incentive. The repurchase price will not exceed 35.92 yuan per share, and the total amount will be no less than 10 million yuan and no more than 20 million yuan.

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