锡业股份: 云南锡业股份有限公司关于回购公司股份方案的公告

Core Viewpoint - The company plans to repurchase its shares to enhance shareholder value and confidence, with a total repurchase amount between 100 million RMB and 200 million RMB, at a maximum price of 21.19 RMB per share [1][3][8] Group 1: Repurchase Plan Details - The repurchase will involve buying back A-shares, with an estimated quantity of approximately 9,438,414 shares at the upper limit and 4,719,207 shares at the lower limit, representing about 0.57% and 0.29% of the total share capital respectively [1][5][8] - The repurchase is intended to reduce registered capital and will be executed within 12 months following the approval from the shareholders' meeting [1][6] - The funding for the repurchase will come from the company's own or raised funds, and the company has sufficient liquidity to cover the repurchase costs, which will not significantly impact its financial position [8][10] Group 2: Approval and Implementation - The repurchase plan requires approval from the shareholders' meeting, needing a two-thirds majority of the voting rights present [2][11] - The board of directors has already approved the plan, and it will be submitted for further approval at the upcoming shareholders' meeting [11] - The company will adjust the repurchase price if there are any corporate actions affecting the stock price during the repurchase period [5][6] Group 3: Impact on Share Structure - Following the repurchase and cancellation of shares, the company's share structure will change, but it is expected that the control of the company will remain unchanged, with the major shareholder still holding the largest stake [8][10] - The repurchase reflects management's confidence in the company's intrinsic value and aims to protect the interests of all shareholders, particularly minority investors [8][9]