FilingReader Intelligence

Innovation New Material to repurchase shares and reduce capital

March 27, 2025 at 06:43 PM UTCBy FilingReader AI

Innovation New Material (SSE: 600361) announced plans to repurchase shares for cancellation and reduction of registered capital, according to a statement released March 25, 2025. The decision, approved by both the board and shareholders, will use company or self-raised funds to repurchase shares via centralized bidding on the Shanghai Stock Exchange. The repurchased shares will then be canceled.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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