Luster(SH:688400) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-23 22:22Buyback Overview - The company completed its first buyback plan on January 23, 2024, repurchasing 2,523,267 shares, which is 0.5444% of the total share capital, with a total expenditure of RMB 59,997,038.89 [1] - The second buyback plan was completed on August 13, 2024, with 3,480,750 shares repurchased, representing 0.7510% of the total share capital, at a cost of RMB 59,992,936.01 [1] - The third buyback plan was completed on November 27, 2024, with 2,563,582 shares repurchased, accounting for 0.5531% of the total share capital, for a total of RMB 59,978,528.99 [2] Fourth Buyback Plan - On November 28, 2024, the company approved a fourth buyback plan, allowing for the repurchase of shares using self-owned funds and a special loan, with a budget between RMB 50 million and RMB 100 million, and a maximum price of RMB 35.00 per share [2] - The buyback period is set for 12 months from the board's approval date [2] Price Adjustment - Following the annual equity distribution for 2024, the maximum buyback price was adjusted from RMB 35.00 to RMB 34.98 per share [3] - On September 19, 2025, the board approved an increase in the maximum buyback price for the fourth plan from RMB 34.98 to RMB 52.00 per share [3] Buyback Progress - As of November 21, 2025, the company had repurchased 305,268 shares under the fourth buyback plan, which is 0.0662% of the total share capital of 46,097.67 million shares, with a total expenditure of RMB 10,996,182.16 [4] Compliance and Disclosure - The company will adhere to relevant regulations regarding share buybacks and will make timely disclosures regarding the progress of the buyback activities [6]