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GCL Energy intends to repurchase shares

 Last Update: 2023-02-02
 Source: Internet
 Author: User

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On December 28, 2022, GCL Energy Technology issued an announcement that the listed company intends to repurchase shares with its own funds of 500 million ~ 1 billion yuan for equity incentives, employee stock ownership plans or for converting corporate bonds
issued by the company that can be converted into shares.

It is reported that the repurchase price of GCL Energy Technology does not exceed 20.
85 yuan / share
.
As of the close of trading on December 28, 2022, GCL Energy Technology reported 12.
57 yuan per share, and the latest market value was 20.
41 billion yuan
.
According to the upper limit of the repurchased share price of 20.
85 yuan per share, the estimated number of repurchased shares is 23.
9808 million to 47.
9616 million shares, accounting for 1.
48% to 2.
95%
of the company's current total share capital.

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