Jianyou shares initiates stock repurchase program
Nanjing King-Friend Biochemical Pharmaceutical (SSE:603707) has initiated its share repurchase program, authorized by the board on April 28, 2025, and approved at the shareholder's meeting on May 20, 2025. The company repurchased 880,000 shares via centralized bidding by June 10, 2025, accounting for 0.05% of total share capital. The repurchase price ranged from CNY 11.58 to CNY 11.66 per share, totaling CNY 10,220,700 (excluding transaction costs and stamp duty). The repurchase plan, with a budget between CNY 20,000,000 and CNY 40,000,000, aims to be used for employee stock ownership plans or equity incentives. The repurchase period extends until May 19, 2026.
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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