Hongli Newell repurchase shares, the total amount of over 50 million yuan

Yesterday (13) evening, Hongli Newell (hereinafter referred to as "the company") announced in February 27, 2018, held in 2018 third extraordinary general meeting of the "about centralized auction trading to repurchase shares of the company's motion". The company agreed to consider from the general meeting of shareholders through the repurchase plan until the date of May 1, 2018, to less than 50 million yuan, not more than 100 million yuan of funds to buy back shares of the company. Share repurchase price is not more than 14 yuan / share conditions, is expected to repurchase shares not more than 7 million 150 thousand shares, representing the company's total share capital of not more than 1%. The repurchase of shares will be canceled, the adjustment of the registered capital of the company.

According to the announcement, the company through the stock repurchase special securities account to centralized auction trading shares repurchased 461500 shares, the total amount of 5772302 yuan (excluding fees), the number of shares of the repurchase of the total capital ratio was 0.06%, the highest closing price of 12.54 yuan / share, the lowest closing price of 12.49 yuan / share.

Hongli Newell said that the follow-up will be based on market conditions continue to implement the buyback plan.

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