FiberHome Electronics (000561) issued a share repurchase announcement on May 14, 2024. The company plans to complete the company's share repurchase plan from May 14, 2024 to May 13, 2025, and the repurchase price is no more than 11.Jackpotspin.59 yuan per share, the total repurchase amount does not exceed RMB 960JackpotspinIf the full repurchase amount is calculated according to the total repurchase amount limit and the repurchase share price ceiling, the expected number of repurchased shares is not more than 828300, and the maximum number of shares to be repurchased accounts for 0.14% of the company's total share capital. Specific repurchase sharesJackpotspinThe quantity is the actual repurchase when the repurchase period expires or when the repurchase is terminatedJackpotspinThe number of shares shall prevail.
The announcement said that based on the confidence in the future sustainable development of the company and the recognition of the value of the company, in order to protect the interests of all shareholders, especially the public shareholders, enhance investor confidence, stabilize and enhance the value of the company. The company intends to use its own funds to buy back issued RMB common shares (A shares) through centralized bidding transactions, and all the repurchased shares will be used for write-off to reduce the company's registered capital.
