FilingReader Intelligence
China Railway adjusts stock incentive plan, announces buyback
March 17, 2025 at 07:03 AM UTC•By FilingReader AI
China Railway Group has announced adjustments to its 2021 restricted stock incentive plan, including the buyback and cancellation of 856,199 shares. This action, approved by the board and supervisors, affects five employees, two of whom are no longer eligible and three of whom failed to meet performance standards. The buyback price is set at 2.944 yuan per share, adjusted from an initial 3.55 yuan per share due to prior dividend distributions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
China Railway Construction Corporation Limited Announcement on Changes in Chairman and Legal Representative of the CompanyMarch 13, 2025 at 10:48 AM UTC
Announcement of China Railway Construction Corporation Limited on the resignation of the company's executive director, chairman and legal representativeMarch 13, 2025 at 10:48 AM UTC
Beijing Jiayuan Law Firm's Legal Opinion on China Railway Construction Corporation Limited's Repurchase and Cancellation of Part of the Restricted Stocks under the 2021 Restricted Stock Incentive Plan and Adjustment of the Repurchase PriceMarch 13, 2025 at 10:48 AM UTC
Announcement of China Railway Construction Corporation Limited on Repurchasing and Cancelling Part of Restricted Stocks to Reduce Capital and Notify CreditorsMarch 13, 2025 at 10:48 AM UTC
Announcement of China Railway Construction Corporation Limited on the repurchase and cancellation of part of the restricted stocks under the 2021 Restricted Stock Incentive PlanMarch 13, 2025 at 10:48 AM UTC
SSE:601390•Shanghai Stock Exchange
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