LONGSYS Discloses No Share Buyback Activity as of August 31st
Deep News
Sep 03
On September 3rd, Shenzhen Longsys Electronics Co.,Ltd. (301308.SZ) released an update regarding its share repurchase plan.
According to the filing, the company's board approved the buyback proposal on August 7, 2026, authorizing the use of its own or self-raised funds ranging from no less than 400 million yuan to no more than 800 million yuan. The shares are slated for repurchase through centralized竞价 trading, with the proceeds intended for equity incentives or employee stock ownership plans. The maximum repurchase price is capped at 735 yuan per share.
As of August 31, 2026, the company had not yet initiated any specific implementation steps for this share buyback program.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.