Remegen Announces Share Buyback Plan Valued Between 25 Million and 50 Million Yuan

Stock News

07/19

Remegen Co.,Ltd. (ASX: 688331) has disclosed a new share repurchase initiative. The company intends to buy back its own shares using a total capital outlay ranging from 25 million to 50 million yuan.

The maximum price set for this repurchase program is 149 yuan per share. The shares acquired through this buyback are earmarked for future use in either an employee stock ownership plan or an equity incentive scheme for the company's staff.

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(<b>ASX: 688331</b>) has disclosed a new share repurchase initiative. The company intends to buy back its own shares using a total capital outlay ranging from 25 million to 50 million yuan.<br><br>The maximum price set for this repurchase program is 149 yuan per share. 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