Nextool Technology (SH:688419) Shang Hai Zheng Quan Bao·2025-09-12 20:35Core Viewpoint - The company, Anhui Naike Equipment Technology Co., Ltd., has successfully completed its share repurchase plan, acquiring a total of 656,690 shares, which represents 0.57% of its total share capital, with a total expenditure of approximately RMB 20.03 million [5][6]. Group 1: Share Repurchase Plan - The company approved a share repurchase plan on September 13, 2024, allowing for the repurchase of shares at a price not exceeding RMB 30 per share, with a total budget between RMB 20 million and RMB 30 million [2]. - On December 28, 2024, the company adjusted the maximum repurchase price to RMB 40 per share and extended the repurchase period by six months, now ending on September 12, 2025 [3]. - Following the annual shareholder meeting on June 23, 2025, the maximum repurchase price was further adjusted to RMB 28.35 per share due to the implementation of profit distribution [4]. Group 2: Implementation Status - The company initiated its first share repurchase on January 3, 2025, and disclosed the details on January 4, 2025 [5]. - The repurchase was executed within the approved plan, with the highest purchase price being RMB 36.50 per share and the lowest at RMB 26.02 per share [5][6]. - The funds used for the repurchase were from the company's own resources, ensuring that the company's daily operations and financial status remain unaffected [6]. Group 3: Share Handling and Future Plans - The repurchased shares will be used for employee stock ownership plans or equity incentives within three years; if not transferred within this period, the company will reduce its registered capital accordingly [8]. - During the holding period, the repurchased shares will not have voting rights or entitlement to dividends and other shareholder benefits [8][9].