China Eastern Airlines continues share repurchase program

China Eastern Airlines Corp (SSE:600115) announced continued progress in its share repurchase program. As of April 30, 2025, the company had repurchased 88,453,900 A-shares, representing approximately 0.3968% of the total share capital, for approximately CNY 332,414,600 (excluding transaction costs). The A-share repurchase prices ranged from CNY 3.53 to CNY 4.10 per share. In addition, the company repurchased 39,864,000 H-shares, accounting for roughly 0.1788% of the total share capital, for about HKD 98,714,700 (excluding transaction costs), with prices ranging from HKD 2.26 to HKD 2.73 per share. The repurchases are part of a program approved in 2024, with the aim of reducing registered capital and protecting shareholder interests. The company will continue to implement the repurchase plan within the approved timeframe, from November 8, 2024, to November 7, 2025.