Southeast Electronics announced plans to buy back shares using its own funds, with the repurchase amount no less than 14 million yuan and no more than 28 million yuan, and a maximum repurchase price of 23.21 yuan per share. It expects to buy back between 600,000 and 1.21 million shares, accounting for roughly 0.5% to 1% of total share capital, within 12 months from the date the board approves the plan. The repurchased shares will be used for an equity incentive plan or an employee stock ownership plan. In the first quarter of 2026, Southeast Electronics posted revenue of 70.43 million yuan and net profit attributable to the parent of 5.16 million yuan.
Dongnan Electronics Co. Ltd. ACompany announces share buyback plan using own funds, which is typically viewed positively.
