Kaili Medical: Plans to repurchase shares worth 100 million to 200 million yuan

People’s Financial News, March 17 — Kaili Medical (300633) announced on March 17 that the company plans to repurchase between 100 million and 200 million yuan worth of shares for cancellation and reduction of registered capital. The repurchase price will not exceed 40.32 yuan per share (inclusive), which is no more than 150% of the average trading price of the company’s stock over the 30 trading days prior to the board resolution approving the buyback.

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