Guangdong Hybribio Biotech (SHE:300639) plans to apply for a 12-month loan amounting to 70 million yuan to fund a share buyback plan, according to a Shenzhen Stock Exchange disclosure on Wednesday
The shares to be repurchased will amount between 50 million yuan and 100 million yuan. Each share will be priced up to 9 yuan, the nucleic acid molecular diagnostic product supplier said.
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