Core Viewpoint - Microchip Biotech announced a share buyback plan to utilize its own funds and a special loan for stock repurchase, aimed at employee stock ownership plans or equity incentives [2] Summary by Categories Buyback Plan - The company plans to repurchase a portion of its issued A-shares through the Shanghai Stock Exchange via centralized bidding [2] - The total amount for the buyback will be no less than RMB 10 million and no more than RMB 15 million [2] - The repurchase price will not exceed RMB 47.46 per share, which is capped at 150% of the average trading price of the company's stock over the 30 trading days prior to the board's resolution [2] Funding Sources - The funds for the buyback will come from the company's own resources and a special loan designated for stock repurchase [2]
微芯生物:关于以集中竞价交易方式回购股份的预案