TREE NEWS update: DoBe Group plans to repurchase shares through centralized bidding, with total funds of no less than RMB 50 million and no more than RMB 100 million, at a maximum price of RMB 20 per share. The company expects to buy back 2.5 million to 5 million shares, representing about 1.65% to 3.31% of total share capital, to safeguard company value and shareholder interests. The buyback period will not exceed three months from board approval.
DoBe Group Plans Up to RMB 100M Share Buyback at Max RMB 20/Share
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