Huaming Equipment Plans to Repurchase Shares for 150 Million to 250 Million Yuan

36Kr learned that Huaming Equipment announced plans to repurchase its shares via centralized bidding using its own or raised funds, with a total amount not less than 150 million yuan and not exceeding 250 million yuan, at a price not exceeding 22.96 yuan per share. The repurchased shares will be used for an employee stock ownership plan or equity incentives, with a repurchase period of 12 months from the date of board approval.