Huqin Technology Completes A-Share Buyback Plan

Huqin Technology (03296) said it has completed its A-share buyback plan as of Monday (31st), according to ETNet. The company said it spent about RMB 200 million to repurchase about 2.619 million A shares, representing 0.17% of its total share capital. The highest repurchase price was RMB 80 per share and the lowest was RMB 73.73 per share. Huqin Technology said the buyback was funded by its own cash. The repurchased shares are intended for equity incentives or an employee shareholding plan, and any shares not transferred within three years will be cancelled.