Gate.io announced that it plans to change the purpose of repurchasing shares from 'implementing equity incentive plans or employee shareholding plans' to 'canceling and reducing registered capital'. The company held its fifteenth meeting of the fifth board of directors on November 29, 2024, and approved the resolution. As of the disclosure date of the announcement, the company has repurchased 4,887,044 shares, accounting for 0.27% of the total share capital, with a total payment of 20,949,900 yuan. This change in the purpose of repurchasing shares is beneficial to increase the company's earnings per share and enhance long-term investment value, promote the level of dividend, and achieve high-quality development. This change will not have a significant adverse impact on the company's operations, finances, research and development, profitability, and future development.
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Fenda Technology: The purpose of share repurchase has been changed to "used for cancellation and reduction of registered capital".
Gate.io announced that it plans to change the purpose of repurchasing shares from 'implementing equity incentive plans or employee shareholding plans' to 'canceling and reducing registered capital'. The company held its fifteenth meeting of the fifth board of directors on November 29, 2024, and approved the resolution. As of the disclosure date of the announcement, the company has repurchased 4,887,044 shares, accounting for 0.27% of the total share capital, with a total payment of 20,949,900 yuan. This change in the purpose of repurchasing shares is beneficial to increase the company's earnings per share and enhance long-term investment value, promote the level of dividend, and achieve high-quality development. This change will not have a significant adverse impact on the company's operations, finances, research and development, profitability, and future development.