Yili Group reports share repurchase progress

Inner Mongolia Yili Industrial Group Co., Ltd. (SSE:600887) announced its progress on its share repurchase program. As of the end of February 2025, the company has cumulatively repurchased 32,144,761 shares, representing 0.5050% of the company's total share capital. The repurchases were made at prices ranging from 21.57 RMB to 27.07 RMB per share, with a total expenditure of 757,583,125.84 RMB (excluding transaction costs). The company's buyback program, approved in April and May of 2024, aims to repurchase shares worth between 1 billion and 2 billion RMB for the purpose of reducing registered capital. Yili Group stated it will continue to implement the repurchase plan based on market conditions and in accordance with relevant regulations.