TIGERMED Plans to Spend Up to RMB1B to Repurchase A Shares
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TIGERMEDannounced plans to repurchase A shares worth between RMB500 million and RMB1 billion within 12 months. The repurchase will be funded through its own or self-raised funds via centralized bidding transactions. The shares will be used for A-share equity incentive schemes, employee share ownership plans, and to reduce registered capital, with a maximum repurchase price of RMB60 per share.
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