Orient Securities plans A-share repurchase to boost value
Orient Securities Co., Ltd. announced today that it is planning a share repurchase of its A-shares to safeguard shareholder value and investor confidence. The company plans to utilize its own funds to repurchase shares via centralized bidding, with a total repurchase amount ranging from CNY250 million to CNY500 million. The specific repurchase price will adhere to the limits permitted by applicable laws and regulations. The board of directors needs to approve the repurchase plan and related information disclosure obligations. The repurchase is subject to fulfilling all applicable legal and regulatory requirements, and the final repurchase plan is subject to change based on subsequent reviews.
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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