Jin10 data reported on June 16, Jin Sun announced that as of July 12, 2022, the company had repurchased a total of 1.7692 million shares through centralized Bidding, accounting for 1.26% of the company's total share capital, with a total transaction amount of 20.0011 million yuan (excluding Money Laundering). The company intends to change the use of these repurchased shares from "for implementing equity incentives and/or employee stock ownership plans" to "for cancellation and corresponding reduction of registered capital." After the cancellation of the repurchased shares, the company's total share capital will decrease from 140 million shares to 138 million shares.
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Golden Sun: Plans to cancel 1.7692 million shares and correspondingly reduce registered capital
Jin10 data reported on June 16, Jin Sun announced that as of July 12, 2022, the company had repurchased a total of 1.7692 million shares through centralized Bidding, accounting for 1.26% of the company's total share capital, with a total transaction amount of 20.0011 million yuan (excluding Money Laundering). The company intends to change the use of these repurchased shares from "for implementing equity incentives and/or employee stock ownership plans" to "for cancellation and corresponding reduction of registered capital." After the cancellation of the repurchased shares, the company's total share capital will decrease from 140 million shares to 138 million shares.