B · Normal
[Jiangxi Copper: Chairman proposes to repurchase A shares worth 300 million to 500 million yuan] On November 6, Jiangxi Copper (600362.SH) announced that the company’s chairman Zhou Shaobing proposed that the company repurchase some A shares through centralized bidding transactions. The total amount of repurchase funds shall not be less than 300 million yuan and shall not exceed 500 million yuan. The upper limit of the repurchase price shall not exceed 150% of the average stock trading price in the 30 trading days before the board of directors considers and approves the repurchase resolution. The repurchase period shall be within 3 months from the date of the board of directors' consideration and approval of the plan. The proposer, Zhou Shaobing, did not buy or sell the company's shares in the six months before the proposal, and has no plans to increase or decrease his holdings during the repurchase period.
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