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May 14, 2018
Abstract : China’s retail giant Suning announced recently that it will launch its third stage of employee stock ownership plan to raise no more than 500 million yuan.
BEIJING, May 14 (Xinhua) – China’s retail giant Suning.com announced recently that it will launch its third stage of employee stock ownership plan to raise no more than 500 million yuan.
According to the announcement, the employee stock ownership plan will purchase repurchased shares of the company at a price of 6.84 yuan per share.
The lock-up period of this stock ownership plan will last 48 months, the company said.
(Edited by Yang Yifan, yangyifan@xinhua.org)
Keyword: Suning China-brand
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