Crystal Optoelectronics Plans Up to RMB 200M Share Buyback at Max RMB 28/Share

Cointime update: Crystal Optoelectronics plans to repurchase between RMB 100 million and RMB 200 million of its own shares at a maximum price of RMB 28 per share, the company said. The buyback would cover roughly 3.57 million to 7.14 million shares, or 0.26% to 0.51% of total share capital, and is intended for resale. The program runs within three months of board approval.