Spring Airlines: The controlling shareholder proposes to repurchase company shares worth 300 million to 500 million yuan

People’s Finance News on March 31: Spring and Autumn Airlines (601021) announced on March 31 that its controlling shareholder, Shanghai Spring and Autumn International Travel Service (Group) Co., Ltd., proposed to repurchase the company’s shares for RMB 300 million—RMB 500 million, to safeguard the company’s value and shareholders’ interests; subsequently, the shares will be sold using block trading through centralized bid-and-ask transactions.

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