Hongta Securities plans to buy back shares worth 50 million to 100 million yuan to reduce registered capital

证券时报··CN·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Hongta Securities announced on August 30 that it plans to use no less than 50 million yuan and no more than 100 million yuan to repurchase company shares through centralized bidding, at a price not exceeding 10.53 yuan per share. The repurchased shares will be used to reduce registered capital.

Impact on assets 1

Others▲
Hongta Securities Co Ltd
601236
▲ PositiveCapitalrelevance

Company announces share buyback to reduce registered capital, typically supportive for stock price.