SGC(SH:603269) Sou Hu Cai Jing·2025-06-07 01:26Summary of Key Points Core Viewpoint - Seagull Co., Ltd. (海鸥股份) has experienced a significant stock price decline of 27.97% over the past week, closing at 9.04 yuan as of June 6, 2025, with a current market capitalization of 2.791 billion yuan [1]. Company Announcements - The company has adjusted its share repurchase price ceiling to 11.93 yuan per share, effective from June 4, 2025, down from the previous limit of 17 yuan per share [1]. - The board of directors approved a share repurchase plan on April 27, 2025, with a total repurchase fund between 60 million yuan and 120 million yuan, to be executed within 12 months [1]. - The profit distribution plan for 2024 includes a cash dividend of 3.00 yuan per 10 shares (tax included) and a capital reserve conversion of 4 shares for every 10 shares, resulting in a total share capital of 308,751,768 shares post-conversion [1]. - The record date for the rights distribution is June 3, 2025, with the ex-dividend date on June 4, 2025 [1]. - The adjusted repurchase quantity is estimated to be between approximately 5.0293 million and 10.0587 million shares, representing about 1.63% to 3.26% of the company's total share capital [1].