GAC Group cancels 118.4m H shares

Guangzhou Automobile Group Co., Ltd. disclosed today the cancellation of 118.4 million H shares repurchased between December 4, 2024 and January 23, 2025. The shares were cancelled on February 27, 2025. The repurchase represents approximately 4.04% of the company's previously issued H shares. The average repurchase price was HKD 3.42 per share. Following the cancellation, the company's total number of issued shares stands at 2,813,368,305. The disclosure complies with Hong Kong Exchange listing rules regarding changes in issued share capital.