Juneyao Airlines progresses with share repurchase plan

Shanghai Juneyao Airlines (SSE:603885) announced further progress in its share repurchase program, initiated to enhance shareholder value and potentially for employee stock ownership or equity incentives. As of March 31, 2025, the company has cumulatively repurchased 14,082,828 shares, representing 0.64% of its total share capital. The repurchases were executed at prices ranging from CNY 12.24 to CNY 13.46 per share, totaling CNY 181,171,860.03 (excluding transaction costs). The repurchase plan, approved by the board, aims to repurchase shares up to a maximum of CNY 50,000,000 using company funds. Juneyao Airlines will continue to execute the repurchase program in compliance with relevant regulations.