贵州茅台“真金白银”回购超52亿元股票

Group 1 - Guizhou Moutai has repurchased shares totaling over 5.2 billion yuan, with a plan to buy back between 3 billion and 6 billion yuan [1][2] - The company aims to enhance investor confidence and protect the interests of shareholders through this buyback, which will reduce registered capital [1] - As of June 2025, Guizhou Moutai has repurchased 338,210 shares, representing 0.2692% of its total share capital, with a total expenditure of 5.202 billion yuan [2] Group 2 - Recent promotions on e-commerce platforms for Feitian Moutai have raised concerns about the pricing structure of high-end liquor [3] - Despite market challenges, the terminal prices for Moutai remain stable, generally above 2,000 yuan per bottle, indicating a solid market foundation [3] - The market price for the 2025 vintage of Feitian Moutai has recently increased, with the wholesale reference price rising by 110 yuan to approximately 1,940 yuan per bottle [3]