On the evening of June 1, BYD issued an announcement saying that it intends to use its own funds to repurchase the RMB ordinary shares (A shares) issued by the company through centralized bidding or other methods approved by the China Securities Regulatory Commission, and the repurchased shares will be used for employee shareholding. plan.
The total amount of funds for the repurchase of shares this time shall not exceed RMB 1.85 billion (inclusive) and shall not be less than RMB 1.8 billion (inclusive).
BYD stated that on June 1, 2022, the company repurchased shares through a centralized bidding transaction through a special securities account for repurchase for the first time.
The number of A shares repurchased was 1,452,084 shares, accounting for 0.04988% of the company’s total shares. The highest transaction price was 300 yuan per share, and the lowest transaction price was 293.37 yuan per share.The total transaction amount was RMB 432,967,997.95 (excluding transaction fees).
On April 22, BYD announced that the employee stock ownership plan,The shares of the company that the company intends to repurchase will be transferred through non-transaction transfer and other methods permitted by laws and regulations. The transfer price is 0 yuan per share, and the participants do not need to contribute capital.
BYD said that in order to further activate the company’s technological innovation capabilities, maintain industry competitive advantages, and promote the company’s long-term sustainable development, the company plans to implement share repurchase for the employee stock ownership plan, and continue to improve the long-term incentive and restraint mechanism for mutual benefit and win-win results. Effectively combine the interests of shareholders, the company and the core team and personal interests to enhance the overall value of the company.
The repurchase of shares fully combines the company’s operation, finance, research and development, debt performance capabilities and future development. The company’s management believes that this repurchase will not have any significant impact on the company’s operations, finance, research and development, debt performance capabilities and future development. Negative Effects.
Hashtag: BYD stock employees
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