Guangzhou Seagull Kitchen and Bath Products (SHE:002084) aims to buy back 20 million yuan to 40 million yuan worth of shares at a maximum price of 4.34 yuan per share as a part of a share buyback plan, according to a Tuesday filing with the Shenzhen Bourse.
The repurchased shares will be used for an equity incentive plan. The company secured a 36 million yuan special loan from the Bank of China.
The buyback will be completed within 12 months, with a potential repurchase of up to 9.22 million shares, which is 1.43% of total equity.
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。