IKD(SH:600933) Zheng Quan Zhi Xing·2025-06-25 18:29Core Viewpoint - The company has announced an adjustment to the maximum repurchase price of its shares following the implementation of the 2024 annual equity distribution, reducing the price from RMB 24.17 per share to RMB 23.87 per share, effective from June 25, 2025 [1][2]. Group 1: Share Repurchase Details - The company plans to use between RMB 100 million and RMB 200 million of its own or raised funds to repurchase shares through centralized bidding, with a maximum repurchase price initially set at RMB 24.17 per share [1]. - The repurchase period will last no more than 12 months from the board's approval date [1]. - The total number of shares to be repurchased is estimated to be between approximately 4.19 million and 8.38 million shares, representing about 0.43% to 0.85% of the company's total share capital [2]. Group 2: Reasons for Price Adjustment - The adjustment in the repurchase price is due to the company's cash dividend distribution of RMB 0.30 per share, which necessitates a recalibration of the repurchase price according to regulatory guidelines [1][2]. - The formula used for the adjustment is: Adjusted repurchase price = (Previous repurchase price - Cash dividend per share) ÷ (1 + Change in circulating shares ratio), resulting in the new price of RMB 23.87 per share [2]. Group 3: Other Matters - Aside from the price adjustment, all other aspects of the share repurchase plan remain unchanged, and the company will adhere to relevant regulations during the repurchase process [2].