Zheng Quan Shi Bao·2025-07-29 21:54Group 1 - Regulatory bodies have introduced multiple policies to encourage listed companies to repurchase and cancel shares, leading to increased attention on share buybacks by these companies [1] - In July, the total amount of share buybacks by listed companies reached 14.01 billion yuan, a month-on-month increase of 12.06%, with a total of 88.99 billion yuan repurchased year-to-date [2] - The most active sectors in share buybacks since July include home appliances, basic chemicals, electronics, and pharmaceuticals, each with over 1 billion yuan in repurchases [2] Group 2 - A policy introduced in October last year by the People's Bank of China and other regulatory bodies significantly reduced financing costs for companies, encouraging share buybacks and enhancing market stability [3] - The total amount of special loans for share buybacks reached 91.92 billion yuan this year, with 59.51 billion yuan specifically allocated for share repurchases, accounting for 64.74% of the total [3] - Among the companies receiving special loans, Moutai has the highest loan amount, with a total of 2.5 billion yuan for share buybacks [3] Group 3 - A total of 553 listed companies have announced share buyback plans this year, with 30 companies planning to repurchase amounts of 1 billion yuan or more, including Midea Group and CATL [5] - 32 companies have valuations at their lowest points this year, indicating potential undervaluation, with Midea Group and Shanjin International having the lowest price-to-earnings ratios [6] - Companies like Baofeng Energy have announced buyback plans while also projecting significant profit growth, indicating a positive outlook for their valuations [6]