Uoxin Travel plans to reduce its holdings to no more than 1650.880,000 shares repurchased

Great Scenic Area Author of this article: 188bet sports betting app download 2022-03-25
The reason and purpose of the reduction is to meet 188bet sports betting app download’s financial needs for business development and maintain 188bet sports betting app download’s value。

March 22,Uxin Travel releases announcement on share repurchase and reduction plan,188bet sports betting app download plans to reduce the number of repurchased shares to no more than 1,650 through centralized bidding transactions.880,000 shares,i.e. no more than 2% of 188bet sports betting app download’s total share capital。Within six months from the date of announcement,The funds obtained from the reduction of holdings will be used to supplement the working capital required for 188bet sports betting app download’s business development。

According to the announcement,The reason and purpose of the reduction is to meet 188bet sports betting app download’s financial needs for business development and maintain 188bet sports betting app download’s value。Management’s comments on 188bet sports betting app download’s management of 188bet sports betting app download’s reduction of repurchased shares、Explanation of financial and future development impacts: 188bet sports betting app download’s management believes that this reduction of shares repurchased will not have any impact on 188bet sports betting app download’s operations、Major impact on finance and future development,Conducive to supplementing the working capital for 188bet sports betting app download’s business development。

As of March 15, 2022,The above-mentioned share repurchase and reduction plan has been implemented,188bet sports betting app download has reduced its cumulative number of repurchased shares through centralized bidding to 5.5 million shares,Accounting for 9 of 188bet sports betting app download’s latest total share capital.0.6 billion shares.6068%。

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