FilingReader Intelligence
Lingyuan Iron & Steel to repurchase 2.61m shares
August 19, 2025 at 05:03 AM UTC•By FilingReader AI
Lingyuan Iron & Steel Co will repurchase and cancel 2.61 million restricted shares from its 2024 employee incentive plan.
The buyback includes 250,000 shares from a resigned employee and 2.36 million shares from seven staff members transferred within the group.
The company's total share capital will decrease from 2.85 billion shares to 2.85 billion shares, reducing registered capital to 2.85 billion yuan.
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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