Core Viewpoint - The company, Quzhou Dongfeng, announced a share repurchase plan to utilize its own funds ranging from 50 million to 100 million yuan for buying back shares at a price not exceeding 6.48 yuan per share, with a duration of 12 months, aimed at employee stock ownership or equity incentives, and any unallocated shares within 36 months will be canceled [2] Summary by Relevant Sections - Share Repurchase Plan: The company plans to repurchase shares using its own funds between 50 million and 100 million yuan [2] - Price and Duration: The repurchase price is capped at 6.48 yuan per share, and the duration for the buyback is set for 12 months [2] - Purpose of Repurchase: The repurchased shares will be used for employee stock ownership or equity incentives, with any unallocated shares to be canceled within 36 months [2]
衢州东峰:拟以5000万元至1亿元回购公司股份