FilingReader Intelligence
Avic Capital to repurchase and cancel restricted stocks
February 27, 2025 at 05:11 PM UTC•By FilingReader AI
Avic Capital (SSE:600705) has announced plans to repurchase and cancel 11,100,963 restricted shares, following approvals from its board of directors and supervisors. The decision, made on February 26, 2025, comes after certain vesting conditions for the company's A-share restricted stock incentive plan were not met. The repurchase price has been adjusted to RMB 2.575 per share.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:600705•Shanghai Stock Exchange
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