Weichai Power repurchases 9.9m shares for RMB150m

Weichai Power Co., Ltd. repurchased 9,874,200 shares for RMB149,952,873 as of July 31, representing 0.113% of its issued shares.

The largest single repurchase occurred on July 4, when the company bought back 2,507,200 shares at RMB15.275 per share. Another transaction on July 29 involved 769,900 shares at RMB15.251.

The company can repurchase up to 19,685,475 shares under a mandate approved in May, meaning it has used about half of its authorized buyback capacity.