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The chairman of Hongta Securities (601236.SH) proposed to buy back the company's shares for 50 million yuan to 100 million yuan

Zhitongcaijing·07/20/2026 04:25:02
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Zhitong Finance App News, Hongta Securities (601236.SH) issued an announcement. On July 20, 2026, the company received the “Letter on Proposing Stock Repurchase and Cancellation” submitted by Chairman Jing Feng. The total capital for the repurchase of shares is not less than 50 million yuan (inclusive), not more than 100 million yuan (inclusive), and the upper limit of the repurchase price is not higher than 150% of the average trading price of the company's stock in the 30 trading days before the board of directors deliberates and approves the share repurchase plan resolution. The repurchased shares will be used to reduce the company's registered capital to maintain the company's market value and enhance shareholders' rights and interests.