Sanquan Foods: Plans to repurchase company shares for 75 million to 150 million yuan

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On March 24, Sanquan Food Co., Ltd. announced that the company plans to use its own funds and raised funds to repurchase some of its shares through centralized bidding. Based on the maximum repurchase amount of 150 million yuan and a maximum repurchase price of 13.50 yuan per share (inclusive), the estimated repurchase quantity is approximately 11.11 million shares, accounting for 1.26% of the company’s total share capital; based on the minimum repurchase amount of 75 million yuan and the maximum repurchase price of 13.50 yuan per share (inclusive), the estimated repurchase quantity is approximately 5.56 million shares, accounting for 0.63% of the company’s total share capital.

(Company Announcement)

(Edited by: Wang Can, Lin Chen)

Keywords: Food Sanquan Food

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