茅台控股股东出手增持，历史上发生过四次

Core Viewpoint - Guizhou Moutai has completed its share repurchase plan, spending 6 billion yuan to buy back 3.9276 million shares, representing 0.3127% of its total share capital, with prices ranging from 1,408.29 yuan to 1,639.99 yuan per share. The company also announced a new repurchase plan for 30 billion to 60 billion yuan at a maximum price of 1,795.78 yuan per share, marking its first repurchase since listing. Additionally, the controlling shareholder, Moutai Group, plans to increase its stake in Guizhou Moutai by investing between 3 billion and 3.3 billion yuan from September 2025 to February 2026, demonstrating confidence in the company's future development and long-term value [1]. Group 1 - Guizhou Moutai has completed its share repurchase plan, spending 6 billion yuan to buy back 3.9276 million shares, representing 0.3127% of its total share capital [1] - The repurchase price ranged from 1,408.29 yuan to 1,639.99 yuan per share, with a new plan announced for 30 billion to 60 billion yuan at a maximum price of 1,795.78 yuan per share [1] - Moutai Group plans to increase its stake in Guizhou Moutai by investing between 3 billion and 3.3 billion yuan from September 2025 to February 2026 [1] Group 2 - Moutai Group's previous stake increases have occurred during critical periods, with four notable instances since 2010 [2][3] - The first increase was in May 2010, with a plan to accumulate no more than 1% of total shares, resulting in a purchase of 422,700 shares [2] - The second increase occurred in December 2012 during a crisis in the liquor industry, where Moutai Group bought 452,500 shares [2] - The third increase took place from September 2013 to March 2014, totaling 1.915 million shares, with no further increases for nine years [3] - The fourth increase was on February 10, 2023, with Moutai Group and its subsidiary jointly purchasing shares [4] - The capital operations and market value management strategies of Guizhou Moutai have set a benchmark in the industry, with the recent repurchase and increase plans forming a comprehensive approach to enhance market confidence and promote high-quality development [4]