Core Viewpoint - Shantui Construction Machinery Co., Ltd. has announced the progress of its share repurchase plan initiated in April 2025, with a repurchase amount ranging from 150 million to 300 million yuan and a current price ceiling of 13.79 yuan per share, valid until April 2026 [1][2]. Group 1: Repurchase Plan Details - The repurchase plan was approved by the board on April 22, 2025, and aims to use self-owned or self-raised funds, including special loans for stock repurchase, to buy back A-shares through centralized bidding [2]. - The total repurchase amount is set between 150 million yuan and 300 million yuan, with a repurchase period of 12 months from the board's approval date, ending on April 21, 2026 [2]. Group 2: Price Adjustments - The repurchase price ceiling has been adjusted twice due to equity distribution, first from 13.88 yuan to 13.82 yuan on July 15, 2025, and then to 13.79 yuan on September 26, 2025, reflecting cash dividends distributed per share [3]. - The cumulative adjustment of the price ceiling is 0.09 yuan per share, adhering to the regulations set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange [3]. Group 3: Compliance and Future Plans - The company confirmed that the timing, quantity, price, and trading methods of the repurchase comply with the Shenzhen Stock Exchange's regulations, ensuring no repurchase during sensitive periods [4]. - Moving forward, the company will continue the repurchase plan based on market conditions and will fulfill information disclosure obligations as required by law [5].
山推股份回购方案持续推进:拟斥资1.5亿-3亿元 价格上限经两次调整至13.79元/股