Spring Airlines announces share repurchase progress

Spring Airlines (SSE:601021) announced its progress on share repurchase, stating that as of February 28, 2025, the company has cumulatively repurchased 3,481,100 shares through centralized bidding transactions, accounting for 0.3558% of the company's current total share capital. The highest repurchase price was RMB 55.99 per share, and the lowest repurchase price was RMB 49.99 per share, with a total expenditure of RMB 178,822,988.63 (excluding transaction commissions and transfer fees). The repurchased shares will be used for employee stock ownership plans. The repurchase complies with relevant laws and regulations and the company's repurchase plan. Spring Airlines will continue to implement its repurchase decisions and fulfill its information disclosure obligations.