Antarctic E-Commerce News: Buy Back Shares To Protect The Interests Of Shareholders

On February 3, Antarctic e-commerce said on the interactive platform that the implementation of the share repurchase plan is to better safeguard the interests of small and medium-sized shareholders, fight back the false rumors in the market, and further establish and improve the company's long-term incentive mechanism to attract and retain outstanding talents.

According to the "e-commerce news", on February 2, Antarctic e-commerce announced that the company used its own funds to buy back 1217200 shares of the company's shares through centralized bidding, accounting for 0.05% of the company's current total share capital. The highest transaction price was 9.63 yuan / share, the lowest transaction price was 9.34 yuan / share, and the transaction amount was 11.49 million yuan.

For the purpose of repurchase, the announcement indicates that it is used for the subsequent implementation of equity incentive or employee stock ownership plan.

Previously, rumors about the financial fraud of Antarctic e-commerce once caused the stock price of Antarctic e-commerce to fall. In the beginning of 2020, the stock price continued to drop. Subsequently, Antarctic e-commerce responded to the matter and invited a third-party organization to supervise and inspect. At present, the stock price has rebounded.

Antarctic e-commerce opened 9.83 yuan per share today, and the stock price continued to rise, and closed at noon. As of today's closing, Antarctic e-commerce rose to 10%, closing at 10.78 yuan, with a total market value of 26.64 billion yuan.