Besttone Holding begins share buyback program to reduce capital
New Guomai Digital Culture Co., Ltd. (Besttone Holding) announced the start of its share repurchase program, following approvals on May 12 and June 27, 2025. The company intends to buy back shares using its own funds through concentrated bidding to cancel and reduce its registered capital. The planned repurchase amount ranges from 50 million yuan to 100 million yuan, with a maximum price of 16.00 yuan/share. The repurchase period is set from June 27, 2025, to June 26, 2026.
As of December 25, 2025, Besttone Holding has made its first share repurchase, buying back 81,200 shares through concentrated bidding. This represents 0.0102% of its total share capital.
The highest price paid was 12.32 yuan/share, and the lowest was 12.26 yuan/share. The total amount spent on this initial repurchase was 998,729 yuan (excluding transaction fees). The company affirmed that this repurchase complies with relevant laws, regulations, and its approved buyback plan. Besttone Holding will continue to monitor market conditions and make repurchase decisions within the specified period, ensuring timely disclosure of progress.
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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