Rebirth: The Financial Giant

Chapter 1034: 【End of buyback program】

In fact, many times, the same operation, the same thing, but because of some subtle changes, the nature of the whole event is completely different, and the consequences are also worlds apart.

​​

Let's just say that Lu Ming let Guo Jia's team cash out this time, and change it to another listed company and another boss. If he does the same, what is this called? This is called illegal profit transfer, hollowing out the company and fattening the major shareholders.

​​

It was found out that all the people involved were arrested.

​​

No problem!

​​

But in Lu Ming's case, this is called the difficult stage of economic downturn to provide liquidity for the country. These funds are used to stabilize the economy, promote new infrastructure, and help revitalize the economic market.

​​

No problem!

​​

The economy is under pressure to engage in infrastructure construction is an old traditional art, because only in this way can the economy be revitalized in a short period of time, other than that, it is difficult to revive the economy in a short period of time.

​​

In fact, Lu Ming also agrees with this point. With such a big country, it is necessary to stabilize the economy and maintain growth as much as possible.

​​

Some so-called economists, when the general environment is down, start to say that it is okay to slow down the growth rate for a while.

​​

The economy is going down and the growth rate is slowing down. The income of economists is greatly affected. Naturally, standing and talking will not hurt.

​​

As everyone knows, the economic downturn or the slowdown in growth rate, even if it is 0.1 percentage points, in the face of such a large plate of the country as a whole, means that thousands of people are unemployed and unable to find employment, and the general public cannot even afford their monthly payments. difficult?

​​

​​

In the chairman's office, Lu Ming browsed the contents of the materials.

​​

According to the material report sent by Xue Zhongming, Guo Jia's team has cashed out a total of 2.28 trillion yuan from Tiansheng Holdings in the secondary market this time, which is undoubtedly an astronomical figure.

​​

In the last ten trading days, Tiansheng Holdings has achieved an unprecedented ten-day turnover of 3.49 trillion yuan. In the craziest period, the daily turnover exceeded 400 billion yuan for four consecutive days.

​​

This wave of operations by Lu Ming has leveraged an additional liquidity of nearly 1.5 trillion at a cost of 2 trillion, allowing Guo Jia's team to easily cash out 2.28 trillion, which has already exceeded the 2 trillion in repurchase funds.

​​

If the 2 trillion yuan of repurchase funds are used for cash dividends, Guo Jia's team as a whole can only be divided into 560 billion yuan according to the proportion of equity. This operation directly reached 2.28 trillion yuan.

​​

At the same time, while Guo Jia's team obtained a huge amount of liquidity, private capital was locked in Tiansheng Holdings on a large scale. In a sense, it also prevented such a huge amount of funds from entering the property market to speculate on houses.

​​

Because the funds that can participate in the investment in Tiansheng Holdings are all institutional investors, all of which are large funds, trusts, and wealth management.

​​

In the past, these institutions tend to give priority to the inflow of funds into the property market.

​​

Although the stock market can be bought today and sold tomorrow, in other words, the funds involved in Tiansheng Holdings are not operated by retail investors. Generally, they will not go out easily when they come in. If they are trapped, they will not go out easily, because your company The fundamentals and logic have not changed, these funds will not run away, and they are more affordable than retail investors.

​​

This is also the reason why Lu Ming did not split Tiansheng Holdings. The company's stock price in the future, the price of a single share will only get higher and higher.

​​

Continuously push up the buying threshold through high stock prices, so that true long-term investors can become investors of Tiansheng Holdings.

​​

For those institutional funds, their money often comes from the private sector, such as some closed-end public funds. These institutions first raise a large amount of money from the foundation, with a lock-in period, usually one to one year or more.

​​

Because there is a lock-up period, Christian Democrats will buy and leave, and they will not be able to get out. These funds will not have to be forced to sell stocks to cash out in order to redeem the funds for Christian Democrats.

​​

What Tiansheng Holdings needs now is this type of institutional investors.

The current stock price, not to mention retail investors, is that ordinary public funds can no longer afford it. If it is less than 300 million yuan, Tiansheng Holdings cannot afford it. Because it costs more than 30 million yuan to buy a lot, which is more than 30 million yuan. 10% of the total size of the fund directly exceeds the limit.

​​

At present, the number of institutions in Tiansheng Holdings experienced a surge last year, reaching tens of thousands of institutions, and it has continued to decline in recent years. In addition to being scared away by bad news and panic, part of it is because the fund "exceeds the limit" "Have to sell Tiansheng Holdings.

​​

According to the latest shareholder data of Tiansheng Holdings, the number of institutional holdings has dropped significantly to 7,600, and the retail shareholders in this stock are almost extinct.

​​

In a short period of time in the future, the number of institutional holdings of Tiansheng Holdings will also be difficult to exceed 10,000.

​​

The data shows that there are still more than 200 "dormant" shareholders, that is, those who held Wendi shares and forgot they still held this vote before Tiansheng Capital backdoored the listing of "Wendi Shares", and deleted all the stock trading software. , focus on life and other areas and no longer care about the stock market, belong to the stockholders whose securities accounts have not been cancelled, but have actually been delisted.

​​

If they know that they have Tiansheng's stock, basically few people can hold it, because this stock has been volatile several times in the past few years, and all kinds of bad news are also very scary. Retail investors It's hard to bear.

​​

70% of the retail investors who bought stocks through debt-to-equity swaps sold them at the beginning of this year, and selling them means they will never get a chance again.

​​

But he said that at this moment, Lu Ming read the materials and put them aside, then picked up the landline and called his assistant Han Qiulin's office, instructing: "Disclose the company's repurchase plan!"

​​

​​

At around 17:30 in the afternoon, Tiansheng Capital issued a repurchase announcement, which was also the last repurchase announcement.

​​

According to the announcement, Tiansheng Capital completed a 190 billion yuan repurchase plan yesterday, repurchasing 603,100 shares with an average repurchase price of 315,000 yuan. After the repurchase shares were cancelled, the company's total share capital dropped to 72,948,300 shares.

​​

At the same time, it was also announced in the announcement that the 2 trillion repurchase plan was successfully completed, spending 2 trillion for nine consecutive trading days, and the number of repurchased shares totaled 7,051,700 shares, accounting for 8.814% of the company's total share capital before the repurchase. All repurchased shares were cancelled.

​​

Tomato Novel Network

​​

As soon as the announcement came out, UU Reading www. The major market software of uukanshu.com has successively updated various data of Tiansheng Holdings, and the market value has been adjusted from 21.96 trillion yuan to 21.78 trillion yuan.

​​

After the repurchase of shares was cancelled, the shares held by existing shareholders also increased accordingly. Lu Ming now holds 39.6 million shares under his name, and is the company's largest shareholder and actual controller. The shareholding ratio is 49.5%. After the completion of this round of repurchase plan, Lu Ming's shareholding ratio has also risen to 54.285%, and the individual holds more than half of the shareholding ratio.

​​

As soon as the announcement came out, the market was not calm.

​​

Although Shock and Tiansheng Capital have created an unprecedented scale of repurchase of listed companies in the history of A-shares, the capital will never be satisfied.

​​

The repurchase comes to an abrupt end, what will the market outlook take to promote it?

​​

As soon as the announcement of Tiansheng Capital came out, the repurchase plan was completed and announced, which meant that this strong expectation in the market was terminated.

​​

She suddenly announced that she was weaning her milk!

​​

And there is also a big negative, that is, on Thursday, July 16th, Zhongxin International will be listed on the Science and Technology Innovation Board. The IPO fundraising scale exceeds 50 billion. It is announced that the milk will be cut off. The massive blood draw also fell below the platform on a technical front.

​​

In an instant, the market will face pressure.

​​

​​

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like