Rebirth: The Financial Giant

Chapter 437: 【Repurchase Program】

Other companies that issue convertible bonds will definitely not do what Lu Ming did, especially companies with poor business conditions. They can't wait to lower the minimum subscription unit to 1, because these companies borrow money from the market, and they themselves need money and may not pay it back. Can raise money.

The nature of capital is to dislike the poor and love the rich. The poorer you are, the more you need money, the less you will lend it to you. The richer you are, the more you are not short of money, the more you like to lend it to you, because you are worried that the poor can’t pay it back, but you don’t need to worry about the rich at all. I can't afford it.

Tiansheng Capital is not short of money. In a sense, this is an act of giving money to the market. The first convertible bond has basically been converted into shares, bringing the total share capital of Tiansheng Holdings to more than 80 million shares.

The extra 2 million shares must be repurchased through the secondary market in the end, so that the total share capital will be maintained at 80 million shares.

Lu Ming arranged the work of the company's second convertible bond, and then set out to formulate the company's repurchase plan, that is, to repurchase and cancel the extra 2 million shares with the company's money.

"26342 what..."

Lu Ming opened the market software and looked at the current share price of Tiansheng Holdings. After thinking for a moment, he typed out a repurchase price on the document: 25,500 yuan.

"The repurchase price per share is not less than 25,500, that's all!" Lu Ming nodded to himself.

The decision was made on the spot, and of course the decision of the board of directors had to be passed, but Lu Ming had already decided, and the decision of the board of directors was just a process, let the big guys discuss and discuss, and the final decision was the ultimate boss.

The number of shares repurchased in this repurchase plan is 2.42 million shares. It is estimated that about 75 billion yuan will be used for the repurchase funds. In fact, Tiansheng Capital invested about 45 billion yuan, and the other 30 billion yuan was offset by the issuance of convertible bonds. .

In other words, this repurchase is equivalent to a profit of 45 billion yuan to all shareholders of Tiansheng Holdings.

Lu Ming sorted out the documents, and then printed out the paper documents through the printer. The board of directors was held that afternoon.

At the meeting, resolutions were made on the two proposals put forward by Lu Ming. One was the issue of the new issue of Tiansheng Zhuan 2, and the other was to formulate a repurchase plan with a scale of 75 billion.

Both proposals passed the resolution of the board of directors without any suspense. After the closing of the day, at around 17:30 in the afternoon, Tiansheng Capital officially issued an announcement to disclose the company's planned 75 billion capital repurchase plan, repurchasing 2.42 million shares, accounting for the total. The share capital ratio is 2.93%, and the repurchase price is not less than 25,500 yuan per share.

The issue of Tiansheng Zhuan 2 has not been announced to the market for the time being, only the repurchase plan has been disclosed.

As soon as the news came out, various interpretations and attentions from the market were greeted that day. On the one hand, the outside world was amazed at the lavishness of Tiansheng Capital. The repurchase scale of 75 billion yuan can be regarded as an astronomical figure.

On the other hand, the market's interpretation of Tiansheng Capital's repurchase plan is bearish on the market. It is believed that Tiansheng Holdings is repurchasing at this time, which is suspected of supporting the market. The market has returned to the era of below 3,000 points, from a high of 3,587 points. Hit below 2900 points, this period of decline has accumulated more than 20% decline, and the market has officially entered a technical bear market stage.

The market's interpretation is that Tiansheng Capital's repurchase plan is certainly not a bad thing for the company itself, but it may be a bear omen for the market.

……

It took less than half an hour for Tiansheng Capital to disclose the repurchase plan, and Lao Yang saw the news. After reading the content, he sent the announcement link to the group, and said in a voice: "Tiansheng's profit is good, and it is a major good, now it can be done. 99% are sure that Tiansheng Holdings is currently in the bottom range, and the stock price of 25,500 yuan has super strong support."

A group of friends read the repurchase announcement in the link and chatted in the group: "Tiansheng Capital's repurchase is very showy. Other listed companies have repurchase plans, and the written statement is not higher than the price. One brother Well, on the other hand, the repurchase price is not less than 25,500 yuan."

Lao Yang smiled and said: "So 25,500 yuan has super strong support. If it falls to this price, Tiansheng Capital will buy it back, and it is a super large-scale fund of 75 billion yuan. Basically, it tells the market that 25,500 yuan has 750 million yuan. The capital of 100 million yuan is waiting to be taken over, and Tiansheng Holdings’s market outlook will rise immediately, and the possibility of falling below 2.55 is not zero, but it is definitely extremely low.”

Qunyou: "The first brother is really arrogant and inhuman. This repurchase scale has also created a big A's repurchase record, right?"

A group of friends: "The poor one has only money left."

Qunyou: "I have to say, the first brother is still super conscientious. If the price is not higher than 2.55, the rhythm will be over. If the repurchase is not completed, the stock price will not rise above 25,500 yuan."

Qunyou: "He is indeed a super conscientious boss of a listed company. He distributes dividends and repurchases, and once he makes a move, he is super generous. I wonder if Big A really can't find the boss of a second listed company with such a conscience."

Group friends: "I don't know how long it will take for the market to rise."

Lao Yang: "It should depend on when the repurchase plan is completed, but in any case, this is good news for Tiansheng Holdings, which greatly eliminates the risk of falling and makes the market outlook more certain, and the market outlook will undoubtedly be bullish. ."

Qunyou: "I have a question. Wouldn't it be difficult for Tiansheng Holdings to complete the repurchase plan? Everyone knows the clear-cut operation. When the probability of bullishness in the market outlook is very high, it will be foolish enough to sell the stock easily. ?"

Lao Yang: "Because of this, my judgment is that it will be difficult for Tiansheng Holdings to get up in a short period of time. It may be that the super main force is not willing to rise or fall too deep, so I came up with such a repurchase plan. So that the stock price can neither go up nor go down, as for when it will rise, only the super main players will know, but no matter what, we hold it and wait for it to rise."

……

Lu Ming put together such a repurchase plan that it is indeed difficult for the holders to hand over their chips, but Tiansheng Capital is not in a hurry. The repurchase time can be one month, one quarter or even half a year.

During the period, there will always be funds coming in and out, and people will always have three urgent moments. Some holders will have to cash out due to other problems facing capital turnover.

At the opening the next day, Tiansheng Holdings did not rise sharply, as if the 75 billion repurchase plan did not happen. Ordinary retail investors said that they could not understand, but the stock price did not respond to such a big positive price. Such investors are obviously I didn't understand.

For those who understand it, Niu San such as Lao Yang is not surprised by Tiansheng Holdings' normal shock pattern today. On the contrary, this is the expected market reaction.

No one is willing to sell, and holders want to wait for others to hand over their chips, and of course they will not fall.

At the same time, I am waiting for Tiansheng Capital to enter the market for repurchase. If the repurchase funds are not released, of course the stock price will not go up, because everyone is not willing to pay for it, and Tiansheng Capital will not repurchase if it is raised.

Everyone wants Tiansheng Capital to complete the repurchase, which means that the number of listed shares will decrease~www.wuxiamtl.com~ The total share capital will be reduced, and the stocks in your hands will be more valuable, and it will also reduce the market's selling pressure.

But the problem is that there are too many smart people who want Tiansheng Capital's repurchase funds to complete the repurchase plan, but they don't want to hand over their bargaining chips. Of course, the stock price is stuck here, neither rising nor falling.

When everyone is smart, in a sense, there are no smart people. Only the presence of fools can reflect the smart people. Once there are smart people, it means that there must be a fool to bring out the smartness of others.

In addition, there is another important reason that cannot be ignored, that is, the high stock price of Tiansheng Holdings has kept hundreds of millions of shareholders out of the market, thus abandoning the influence of these warriors who chase the rise and fall on the stock price. .

If the current share price of Tiansheng Holdings is 25 yuan per share, coupled with the company's profitability, fundamentals and the reputation of the first brother, such a big brand is good, the army of thousands of retail investors can't decide. In the call auction time, I will give the top word board.

The power of retail investors cannot be ignored. Once they are guided to form a joint force and become brave, the super main players can't stand it. Although they have little capital, they can't stand the large number of people.

Some time ago, Zijing Mining, a super-cap stock with a market value of 100 billion yuan, although the stock was huge, its stock price was less than 4 yuan at a low price. It was stunned that these warriors pushed out the super market of the nine-link board. This thing is still vivid in my mind. Woolen cloth.

……

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