Core Viewpoint - The company plans to repurchase its shares through a concentrated bidding process on the Shanghai Stock Exchange, with the aim of using the repurchased shares for employee stock ownership plans or equity incentives [1] Group 1: Share Repurchase Proposal - On September 1, the company announced that its board received a proposal from the then Chairman Li Guangning to repurchase shares [1] - The board approved the share repurchase plan on October 29, allowing the company to use its own or raised funds for the repurchase [1] - The total amount for the repurchase will not be less than 300 million yuan (including this amount) and not exceed 600 million yuan (including this amount), with a maximum repurchase price of 9.83 yuan per share [1] Group 2: Repurchase Details - The repurchase period is set for 12 months from the date of board approval [1] - As of August 31, 2025, the company had repurchased a total of 25.72 million shares, accounting for 0.94% of the total share capital [1] - The repurchase price range was between 4.78 yuan per share and 5.83 yuan per share, with a total expenditure of 130 million yuan (excluding stamp duty and transaction commissions) [1]
华发股份:已回购2.57万股,使用资金总额1.3亿元