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Jereh Oilfield Services announces 2025 share repurchase plan

April 24, 2025 at 05:25 AM UTCBy FilingReader AI

Yantai Jereh Oilfield Services Group (SZSE:002353) announced a share repurchase plan for 2025, with the intention to boost investor confidence and shareholder value. The company intends to repurchase shares via centralized bidding through the Shenzhen Stock Exchange, allocating the repurchased shares for equity incentives or an employee stock ownership plan. The total repurchase amount will range from CNY 150 million to CNY 250 million, at a price not exceeding CNY 49.00 per share.

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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