Yili Group announces progress in share repurchase program

Inner Mongolia Yili Industrial Group (SSE:600887) announced that it has repurchased 32,859,361 shares, representing 0.5162% of the company's total share capital, as of April 8, 2025. The repurchases were made through a centralized bidding transaction, with the highest purchase price at CNY 28.58 per share and the lowest at CNY 21.57 per share. The total expenditure for the repurchased shares amounted to CNY 777,578,829.84 (excluding transaction costs). This repurchase program, approved at the company's shareholder meeting, allows for a repurchase of between CNY 1 billion and CNY 2 billion worth of shares for the purpose of reducing registered capital. The company stated that it would make repurchase decisions and disclosures as appropriate.