Wanhua Chemical announces share repurchase plan
Wanhua Chemical Group (SSE:600309) announced its plan to repurchase company shares through centralized bidding transactions. The repurchase is intended to optimize the company's capital structure, enhance investor confidence and improve overall shareholder value. The maximum repurchase price is set at CNY99.36 per share and the repurchased shares will be cancelled to reduce registered capital. The company plans to repurchase shares worth between CNY300 million and CNY500 million using its own funds within 12 months.
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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