TODAY'S MARKET INTELLIGENCE
Lushan New Material plans to repurchase shares for 50-100 million yuan
English summary
Lushan New Material announced a share repurchase of no less than 50 million yuan and no more than 100 million yuan at a price not exceeding 30.43 yuan per share, for equity incentives or employee stock ownership plans. Unallocated shares will be cancelled after three years, which may support the stock price.
The English text is machine translated and may require verification against the Chinese version.
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