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Jiaxing Silk (002404): 50 Million Yuan -1 Billion Repurchase Shares
Jiaxin silk (002404) on the evening of June 20th announcement, the company intends to use its own capital of 50 million yuan -1 billion repurchase shares, for equity incentive or employee stock ownership plan, the repurchase price does not exceed 7.5 yuan / share. The period for the implementation of the share repurchase is within 12 months from the date when the board of directors deliberated and adopted the repurchase share scheme.
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