The change in company equity should logically be reported to the board in advance, but if not, it involves some clause issues.
The CEO paused for a moment, his expression gradually turning cold, "I understand."
He said this and hung up the phone.
Two percent is not a small amount; if calculated at the normal stock price, it's about twenty-five million.
The Vice President doesn't have that kind of money to swallow up these stocks.
Even if the current stock price is halved, that's still over ten million.
Essentially, all shareholders would not sell their shares, at least not when the stock price is obviously undervalued.
Based on his understanding of the Vice President, the latter lacks the means and capability to purchase these shares at the original price now.
Moreover, there are only a handful of shareholders capable of transferring two percent of the shares at once.
Altogether, the Liji Group has around a thousand shareholders.
