SF plans to repurchase shares with 1 billion yuan to 2 billion yuan for employee stock ownership plan or equity incentive.
On March 2, S.F.Holding Co.Ltd(002352) ( S.F.Holding Co.Ltd(002352) , S.F.Holding Co.Ltd(002352) ) issued the announcement of repurchase report.
The announcement said that the company plans to buy back some public shares through centralized bidding with its own funds through the secondary market. The total capital of repurchase shall not be less than 1 billion yuan and not more than 2 billion yuan, and the repurchase price shall not exceed 70 yuan / share. According to the calculation of the upper limit of repurchase amount of RMB 2 billion and the upper limit of repurchase price of RMB 70 / share, the number of shares that can be repurchased is expected to be no less than 285714 million shares, accounting for about 0.58% of the current total share capital of the company; According to the calculation of the lower limit of repurchase amount of RMB 1 billion and the upper limit of repurchase price of RMB 70 / share, the number of shares that can be repurchased is expected to be no less than 14285700 shares, accounting for about 0.29% of the current total share capital of the company. The specific number of shares to be repurchased shall be subject to the actual number of shares to be repurchased at the expiration of the repurchase period. The repurchased shares will be used for employee stock ownership plan or equity incentive. The remuneration and assessment committee of the board of directors will draft the employee stock ownership plan or equity incentive plan as soon as possible and submit it to the board of directors and the general meeting of shareholders for deliberation. The company will disclose it in time and perform the corresponding deliberation procedures. The repurchase period is within 6 months from the date when the repurchase plan is considered and approved by the board of directors of the company.
Previously, on January 28, S.F.Holding Co.Ltd(002352) released the performance forecast for 2021. The net profit attributable to shareholders of Listed Companies in 2021 was 4.2 billion yuan to 4.4 billion yuan, a year-on-year decrease of 40% to 43%; In the fourth quarter of 2021, the net profit attributable to shareholders of listed companies was 2.4 billion yuan to 2.6 billion yuan, with a year-on-year increase of 39% – 50%.
As of the closing on March 2, S.F.Holding Co.Ltd(002352) rose 0.94% to close at 58.08 yuan / share.
