Shanghai Airport announces share repurchase progress

Shanghai International Airport announced that it has repurchased 8.406 million shares, representing 0.3378% of the company’s total share capital, as of the end of April 2025. The repurchases were made at prices ranging from CNY 32.67 to CNY 35.36 per share, for a total expenditure of CNY 286.32 million (excluding transaction costs). The repurchase program, approved at the company's ninth board meeting on July 22, 2024, aims to repurchase shares for employee stock ownership or equity incentive plans, utilizing centralized bidding transactions within 12 months, subject to a maximum price of CNY 50.36 per share. The company will continue to implement the repurchase plan according to market conditions and in compliance with relevant regulations.