Guanghui Energy completes share repurchase program
Guanghui Energy announced the completion of its share repurchase program, initiated on July 23, 2024, after obtaining shareholder approval. The company repurchased 69,699,500 shares, representing 1.0616% of its total share capital, for a total of CNY 504,980,358.52. The shares were acquired at prices ranging from CNY 5.73 to CNY 8.40 per share. Due to exceeding the minimum planned expenditure of CNY 400 million, the program was terminated early on May 8, 2025. The repurchased shares will be cancelled to reduce registered capital. The cancellation of shares is scheduled for May 9, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Guanghui Energy publishes news
Free account required • Unsubscribe anytime