POCO Holding to Spend 100 Million to 200 Million Yuan on Share Buyback and Cancellation

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POCO Holding announced that the company plans to repurchase shares through centralized bidding, with a total buyback amount of no less than 100 million yuan and no more than 200 million yuan, at a price not exceeding 122.69 yuan per share. The repurchased shares will all be cancelled to reduce registered capital, and the buyback period will be within 12 months from the date of approval by the shareholders' meeting.

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Poco Holding Co Ltd
300811
▲ PositiveCapitalrelevance

Company announces share buyback and cancellation, typically supportive for stock price.