Arrow Home Group (SHE:001322) plans to repurchase shares worth between 50 million yuan and 100 million yuan, according to a Shenzhen Stock Exchange disclosure on Tuesday.
The Chinese intelligent bathroom developer will buy back between nearly 4 million shares and 7.9 million shares for up to 12.62 yuan each within 12 months after the board of directors' approval.
The repurchased shares will be used for the company's equity incentive plans or employee stock ownership plans, the disclosure said.
The company's shares closed less than 2% higher.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。