GEM to Buy back Up to 200 Million Yuan of Shares

MT Newswires Live

2025/01/21

Battery manufacturer GEM (SHE:002340) is planning to repurchase between 100 million yuan and 200 million yuan of its shares via centralized bidding.

The shares will be bought back for up to 9.93 yuan apiece within 12 months from shareholder approval, according to a Tuesday filing with the Shenzhen bourse.

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