However, in most cases, the company reserves the repurchased shares as "treasury shares", which no longer belong to the issued shares and does not participate in the calculation and distribution of earnings per share.
Treasury shares can be used for other purposes in the future, such as issuing convertible bonds and employee welfare plans. Or sell them when you need money.
Tips: The above information is for reference.
Response time: 2021-11-0/. Please refer to the latest business changes announced by Ping An Bank in official website.