Mei Ri Jing Ji Xin Wen·2025-10-16 10:57Core Viewpoint - In September, A-share listed companies continued to implement share buybacks, with 22 companies announcing buyback plans, reflecting their recognition of self-value and commitment to shareholder rights and market confidence [1][2]. Group 1: Buyback Plans and Amounts - A total of 22 companies announced new buyback plans in September, a decrease of 37.14% from 35 in August, with a proposed maximum buyback amount of approximately 3.969 billion yuan, down from 10.007 billion yuan in August [1][2]. - Among the companies, China Jushi announced the highest proposed buyback amount of 880 million yuan, followed by Shougang Co. at 520 million yuan and China International Marine Containers at 500 million yuan [2]. - The buyback amount for Midea Group and CATL exceeded 2 billion yuan each in September, leading the buyback efforts for the month [1][5]. Group 2: Company-Specific Insights - China Jushi's stock price has been on an upward trend since June, with a maximum increase of over 60%, raising questions about the timing of its buyback announcement [2]. - The company stated that the buyback is a response to confidence in future stock prices and a commitment to shareholder interests, with the buyback amount representing about 6% of its liquid funds [2]. - Jian Sheng Group, a leading player in the knitted sportswear industry, announced a second buyback plan for the year, aiming to use 150 million to 300 million yuan for share cancellation [3]. Group 3: Market Reactions and Future Plans - Newpoint Software announced a buyback plan of 30 million to 50 million yuan for employee stock ownership plans, while also changing the purpose of a previous buyback to share cancellation [4]. - Despite a decrease in the number of companies announcing buybacks, the commitment to returning value to investors is evident, with companies like Midea and CATL showing significant buyback amounts [1][5]. - As of the end of September, approximately 379 companies had announced buyback progress, with 137 companies having met or exceeded their minimum buyback amounts [5][11].