Sentai shares (301429) issued a share buyback announcement on April 25thMegawaysslotgamesThe company plans to complete this share repurchase plan from April 25, 2024 to April 17, 2025, and the repurchase price does not exceed 22.MegawaysslotgamesFor each share, the total repurchase amount shall not exceed RMB 40 million yuan. If the full repurchase amount is calculated according to the upper limit of the total repurchase amount and the price limit of the repurchased shares, the number of shares that can be repurchased is expected to be no more than 1.8182 million shares, the maximum number of shares to be repurchased shall account for 1.54% of the total share capital of the company, and the specific number of repurchased shares shall be subject to the actual number of shares repurchased at the expiration or termination of the repurchase period.
The announcement said that based on the confidence in the company's future development prospects and the high recognition of the company's value, at the same time, in order to further improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of outstanding employees, and promote the company's long-term healthy development, on the basis of comprehensive consideration of business development prospects, operating conditions, financial situation and other factors, combined with the recent performance of the company's shares in the secondary market. It plans to use some of the funds raised to buy back some of the shares of the company by centralized bidding. All of the repurchased shares will be used to implement the equity incentive plan or employee stock ownership plan. At present, the company has not clearly defined the equity incentive or employee stock ownership plan, and in the future, in strict accordance with the relevant provisions of laws and regulations and the articles of Association, etc., and follow the fair and just market principles, reasonable, fair and fair establishment of the specific contents of the equity incentive or employee continuous plan (including, but not limited to, the determination of grant price, the determination of conditions for granting and lifting restrictions, etc.).
