Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-01-20 23:35Core Viewpoint - Haier Smart Home Co., Ltd. plans to repurchase up to 30% of its issued D-shares, with a maximum total expenditure of €2 million, which will positively impact the company's capital structure [1][2]. Group 1: Repurchase Plan Details - The D-share repurchase plan will commence on January 21, 2026, and is expected to last until February 13, 2026 [2]. - The repurchase will be conducted through the Frankfurt Stock Exchange's XETRA trading system and selected multilateral trading facilities within the EU [2]. - The maximum number of shares to be repurchased is 1 million, representing approximately 0.369% of the company's D-share capital and 0.011% of the total share capital [1]. Group 2: Compliance and Regulations - The repurchase will adhere to applicable rules and regulations, including the Market Abuse Regulation (MAR) and the Authorization Regulation [2][3]. - The price for repurchased shares will not exceed the higher of the last independent transaction price or the current highest independent buy offer, with a price range of ±5% from the opening auction price on the trading day [2]. Group 3: Execution and Oversight - A financial institution will execute the repurchase on behalf of the company, making independent decisions regarding the timing of the repurchase [3]. - The company will not influence the financial institution's decisions, ensuring compliance with the established trading conditions [3]. - The repurchase plan may be suspended or resumed as necessary, within the legal framework and the authorization from the 2024 annual general meeting [3].