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Bright Food: Plans to repurchase shares of no more than 200 million yuan
On November 11, Jinshi Data reported that Keming Food intends to repurchase shares with a total amount of no less than RMB 100 million and no more than RMB 200 million. The repurchased shares will be used for equity incentive plans, employee shareholding plans, or as a source of shares for the conversion of convertible bonds issued by listed companies. The repurchase price will not exceed RMB 11.5 per share. The source of funds is the company’s own funds or special loans.