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Fangda Special Steel Technology Co., Ltd. announces an Equity Buyback for CNY 110 million worth of its shares. - MarketScreener

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Oct 15, 2024

Fangda Special Steel Technology Co., Ltd. announces an Equity Buyback for CNY 110 million worth of its shares. - MarketScreener

Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces a share repurchase program. Under the program, the company will repurchase up to CNY 110 million worth of its Class A shares. The

Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces a share repurchase program. Under the program, the company will repurchase up to CNY 110 million worth of its Class A shares. The shares will be repurchased at no more than CNY 5.50 per share.

The purpose of the program is to maintain company value and shareholder rights. The program will be funded from company's own funds. The program will be valid for 3 months, until January 10, 2025.