Off-topic for aiqbench
This story was gathered from a source we follow but falls outside AI and quantum coverage, so there is no aiqbench take for it.
Tianfu Communication: Controlling Shareholder Proposes Repurchase of 100 Million to 150 Million Yuan in Shares
36Kr reports that Tianfu Communication announced receipt of a proposal from its controlling shareholder, Tianfu Renhe, to repurchase the company's A-share shares using own or raised funds via centralized bidding trading. The total repurchase amount will be no less than 100 million yuan and no more than 150 million yuan, with a price cap not exceeding 350 yuan per share. The proposed repurchased shares are intended to be fully cancelled to reduce registered capital, with the repurchase period set at six months from the date of shareholder meeting approval of the plan.
Read the full article at 36KrRelated coverage
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