Jingke Energy announced the $ 200 million shares repurchase plan

Author:Capital state Time:2022.07.07

On July 7, Capital State learned that the U.S. listed company Jingke Energy (JKS.US) announced that the board of directors has approved a share repurchase plan, which authorizes the company to repurchase the US deposit shares within 18 months.(ADS) up to $ 200 million of ordinary stocks.

The company's proposed repurchase can be carried out in an open market with an open market transaction, private negotiation transactions or the current market price in large transactions, and/or through other laws that depend on market conditions and meet the applicable applications.Rules and regulations.The time and conditions of shares repurchase will be affected by various factors, including the requirements of Article 10-18 and Article 105-1 of the Trading Law, and the insider trading policy of Crystal Energy.Jingke Energy Plan uses its existing funds to provide funds for repurchase based on the share repurchase plan.

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