不到一个半月，药明康德连续抛出了两份10亿元股份回购计划。 3月9日，药明康德启动了第二轮10亿元股份回购计划，继前次于2月5日完成10亿元A股股份回购后，为 进一步维护公司价值和股东权益，公司拟继续通过上海证券交易所系统以集中竞价交易方式回购A股股 票，拟回购资金总额为10亿元，回购完成之后全部予以注销并减少注册资本。 本次回购股份价格不超过83.33元/股（含），回购价格较3月8日收盘价高出60.74%。按回购价格上限 83.33元/股（含）测算，预计本次回购股份数量约为1200.05万股。 萨摩耶云科技集团首席经济学家郑磊向《证券日报》记者表示："回购是提升上市公司股票价值的主要 举措之一，尤其是上市公司将回购的股票注销，直接提高了每股含金量和每股潜在收益水平，同时也给 投资者一个信号，即公司当前股价低于其内在价值，未来可能仍有上升空间。" 药明康德在公告中提到，鉴于截至2024年3月1日公司A股股票连续20个交易日内股票收盘价格跌幅累计 达到20%。3月8日，公司召开第三届董事会第十次会议审议通过《关于以集中竞价交易方式回购公司A 股股份的议案》，同意实施本次回购股份方案。 公司股价不振，从消息面上来 ...

"压实上市公司市值管理主体责任，推动优质上市公司积极开展股份回购，引导更多公司回购注销。"3 月15日，在国新办新闻发布会上，证监会副主席李超表示。 今年以来，上市公司回购热情高涨，回购计划数量猛增。据同花顺iFinD数据统计，截至3月16日，年内 已有821家A股公司发布830单回购计划（包括回购预案或股东提议），回购上限金额超900亿元。同 时，越来越多的上市公司加入到"注销式"回购的阵营，57家公司新增"注销式"回购计划，其中不乏千亿 元市值的行业龙头公司。 "'注销式'回购增多，反映了上市公司对自身股价的关注和维护，以及在当前市场环境下，上市公司对 于资本运营和市值管理的积极态度。这种操作方式有利于优化公司的资本结构，可以直接提高每股收 益，从而提振股价。"南开大学金融发展研究院院长田利辉对《证券日报》记者表示，同时，这也表明 公司对未来的盈利能力和发展前景充满信心，将助力提升股价和投资者信心。 "注销式"回购数量激增 据统计，除了上述57家新增"注销式"回购计划的公司，还有30家已披露回购计划的公司，将回购用途变 更为减资注销，两类公司合计达87家，已超过2023年全年的55家；披露的回购注销金额合 ...

Group 1 - The core viewpoint of the articles highlights a significant increase in share buyback plans among listed companies, with 419 companies announcing 431 buyback plans in 2023, reflecting a growing trend towards cancellation of shares to reduce registered capital [1] - The proportion of buybacks aimed at cancellation has risen to 18.33%, up from 15.19% in the same period last year, indicating a shift in corporate strategies towards optimizing shareholder returns and responding to policy guidance [1] - The total proposed buyback amount across these plans is 118.18 billion yuan, with an average buyback limit of 27.4 million yuan per plan, marking a year-on-year increase of 126.45% [1][2] Group 2 - Among the 431 buyback plans, 33.87% (146 plans) are funded through special buyback loans, demonstrating a reliance on external financing for these initiatives [2] - Midea Group has the highest proposed buyback amount, with plans to repurchase shares totaling 10 billion yuan and 3 billion yuan, supported by loans from China Bank [2] - The majority of buyback plans (69.14%) are intended for employee stock ownership plans or equity incentives, while 18.33% are specifically for share cancellation, indicating a strategic focus on employee engagement and capital management [5]

Group 1 - The core viewpoint of the articles is that the proportion of share repurchases for cancellation among listed companies is increasing, driven by policy guidance, valuation recovery needs, and optimization of shareholder returns [1][3][4] - As of August 6, 2023, 419 listed companies have announced 431 share repurchase plans, with 79 of these plans aimed at cancellation, representing 18.33% of the total, an increase from 15.19% in the same period last year [1][3] - The total upper limit of the repurchase amounts for these plans exceeds 118.1 billion yuan, with an average single repurchase limit of 27.4 million yuan, reflecting a year-on-year increase of 126.45% [2][3] Group 2 - The increase in cancellation repurchases is attributed to clear regulatory rules encouraging such actions, the current low valuation of A-shares, and the financial capacity of companies to return cash to shareholders [4][7] - Among the 431 repurchase plans, 298 are intended for employee stock ownership plans or equity incentives, accounting for 69.14% of the total [2][3] - Companies need to balance capital operations and compliance, as improper handling of repurchases can lead to regulatory issues, as seen in the case of Mousse Health Sleep Co., which faced challenges due to its share structure post-repurchase [5][6]

具体来看，永安期货通过上海证券交易所交易系统以集中竞价交易方式进行股份回购。按照本次回购金 额下限0.5亿元(含)，回购价格上限18.63元/股进行测算，回购数量约为268.38万股，回购股份比例约占 公司总股本的0.18%；按照本次回购金额上限1亿元(含)，回购价格上限18.63元/股进行测算，回购数量 约为536.77万股，回购股份比例约占公司总股本的0.37%。 期货龙头永安期货（600927）(600927.SH)拟推大手笔回购，提振投资者信心。 净利润方面，永安期货一季度实现归母净利润为929.46万元，同比下降88.08%，公司解释称，子公司主 要于2023年开展的部分存续场外衍生品业务受一季度市场重大行情波动不利影响，产生了部分亏损。目 前,该类存续业务已基本了结，风险敞口已有效释放。 6月4日晚间，永安期货发布公告称，拟0.5亿元至1亿元回购公司股份，用于减少注册资本，回购价格不 超过18.63元/股。对于此次回购，公司表示是基于对公司未来发展的信心和对公司价值的认可，为维护 全体股东利益，增强投资者信心。 若是从横向行业层面来对比，永安期货一季度的营业收入在四大A股上市期货公司中排在首位。不 ...

Group 1 - The core viewpoint of the articles highlights the increasing trend of stock buybacks among brokerage firms, with a total expenditure exceeding 1.3 billion yuan in 2023, reflecting a commitment to enhancing shareholder returns [1][4]. - As of June 5, 2023, six brokerage firms have implemented stock buybacks, totaling 1.29 million shares and an expenditure of 1.31 billion yuan, indicating a significant rise in "cancellation-style" buybacks [4][5]. - The buyback actions are seen as a positive signal to the market, showcasing management's confidence in the company's future and aiming to boost investor sentiment [3][5]. Group 2 - Several brokerage firms have disclosed their buyback progress, with notable figures including Guotai Junan repurchasing 32.49 million shares for 557 million yuan, and Dongfang Securities repurchasing 25.62 million shares for 240 million yuan [2]. - The trend of "cancellation-style" buybacks is increasing, where repurchased shares are used to reduce registered capital, thereby optimizing capital structure and enhancing shareholder returns [4][5]. - Analysts predict that the momentum for stock buybacks among A-share listed companies will continue to grow, driven by the emphasis on corporate governance and shareholder returns in the context of China's high-quality economic development [5].

Core Viewpoint - Guizhou Moutai held its 2024 annual shareholder meeting, showcasing its resilience and strategic adjustments amid a challenging white liquor industry environment, with revenue and net profit growth exceeding 15% [2][11]. Group 1: Company Leadership and Strategy - Chairman Zhang Deqin expressed gratitude to shareholders and emphasized the importance of maintaining the Moutai brand, urging for support and understanding from investors [2][9]. - Zhang highlighted the company's commitment to quality, stating that quality is the "soul of life" for Moutai, and this principle is deeply ingrained in the company's culture [8][9]. - The company aims for a revenue growth target of approximately 9% by 2025, reflecting a cautious yet optimistic outlook [2]. Group 2: Industry Context and Challenges - The white liquor industry is currently undergoing a deep adjustment period, prompting Moutai to adopt a prudent strategy to navigate these challenges [2][11]. - Zhang acknowledged the changing consumption scenarios and investor concerns, assuring that Moutai's quality, culture, and foundational strengths remain intact [11][12]. Group 3: Marketing and Innovation - Moutai is transitioning from a focus on selling liquor to promoting a lifestyle, aligning with government guidance to adapt to market changes [12]. - The company has introduced a new marketing model and committed to a minimum dividend payout of 75% over the next three years, indicating a focus on shareholder returns [12].

登录新浪财经APP 搜索【信披】查看更多考评等级 与此同时，在政策的支持与鼓励下，注销式回购也逐渐成为上市公司优化股权结构、提升公司价值的重要手段。 多名受访人士认为，上市公司回购股份的行为，既能向市场传递股价被低估的信号、增强投资者信心，又能优化 公司股本结构、提高治理水平，是公司实现价值提升的重要途径。随着资本市场的发展，上市公司对回购的认识 和运用也将更加成熟，未来回购热潮有望持续。 银行专项贷支持回购 近段时间以来，A股市场持续传递出积极向好的信号，多家上市公司连续不断地发布大规模的股票回购计划公 告，向外界传递出积极的信号。这一市场行为，不仅为投资者注入了一针强心剂，也为整个资本市场的稳定奠定 了坚实基础。 近日，时创能源对外发布了回购报告书，公司拟使用自有及自筹资金以不超过21.33元/股回购股份，回购股份金 额为3000万元至6000万元。同时，公司已收到兴业银行股份有限公司常州分行出具的《贷款承诺函》，该行承诺 提供贷款额度不超过人民币5000万元的股票回购专项贷款。 无独有偶，同日盛景微也发布公告称，公司董事会第九次会议审议通过了《关于以集中竞价交易方式回购公司股 份方案的议案》。本次回购的 ...