Wire flash
Zhongji Innolight repurchased 857,000 A-shares on Sept 23, spending about 795 million yuan
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Zhongji Innolight (stock code 03308.HK) announced on September 23 that it repurchased 856,980 A-shares of its own stock, spending approximately 7.95 billion yuan (795 million yuan) in the transaction. The buyback is a routine corporate action aimed at reducing outstanding shares or returning capital to shareholders. No further details on the purpose or future buyback plans were provided in the brief announcement. The company is a major player in the optical module and high-speed interconnect sector, serving data center and telecommunications markets.
Source report
Date: September 23
Zhongji Innolight (03308.HK) repurchased 857,980 A-share shares on September 23, at a total cost of approximately RMB 7.95 billion.
Source
金十数据Neutral / independent