Canature Health Technology Co., Ltd. announces an Equity Buyback for CNY 50 million worth of its shares.
May 15, 2022 at 07:42 pm
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Canature Health Technology Group Co., Ltd. (SZSE:300272) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 50 million worth of its A shares. The shares will be repurchased at a price not more than CNY 7.5 per share. The shares repurchased will be used for equity incentive plans or employee stock ownership plans. The program will be funded from company's own funds. The program will be valid for 12 months.
on June 7, 2022, the company announced that it has adjusted its repurchase price from CNY 7.5 per share to CNY 7.4 per share.
Canature Health Technology Co Ltd is a China-based company mainly engaged in the manufacturing of water treatment products. The Company is committed to the research, development, manufacturing, sales and services of residential water treatment products and core components such as whole-house water purifiers, whole-house water softeners, commercial purified water dispensers, RO membrane reverse osmosis water purifiers, multi-way control valves, composite material pressure vessels, and membrane elements. The Company provides customized water solutions including residential water solutions, commercial water solutions, public facilities water solutions, industrial water and other special conditions. The Company sells its products domestically in China as well as in overseas markets including Europe, North America and other parts of Asia.