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TIGERMED (03347.HK) Plans to Spend Up to RMB1B to Repurchase A Shares
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TIGERMED (03347.HK) announced that it plans to use its own funds or self-raised funds within 12 months to repurchase part of its A shares through centralized bidding transactions. The repurchased shares will be used for the subsequent implementation of A-share equity incentive schemes or A-share employee share ownership plans, as well as to reduce the companys registered capital. The total repurchase amount will be no less than RMB500 million and no more than RMB1 billion, with the repurchase price not exceeding RMB60 per share. (ha/u)

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