Tianci Materials (002709.SZ) plans to repurchase the company's shares for 50 million yuan to 100 million yuan, and all of them will be cancelled

According to the Zhitong Finance App, Tianci Materials (002709.SZ) announced that the company plans to use its own funds and self-financing funds (including commercial bank repurchase special loans, etc.) to repurchase some of the company's shares through centralized bidding transactions, with a share repurchase capital of not less than 50 million yuan and no more than 100 million yuan. The share repurchase price is no more than 45 yuan/share. All of the shares repurchased will be cancelled and the company's registered capital reduced.