Kweichow Moutai provides update on share repurchase program

Kweichow Moutai (SSE:600519) announced progress in its share repurchase program, initially disclosed on September 21, 2024. The company's buyback, authorized by shareholders, will continue for the next 12 months. The company has repurchased 3,310,085 shares, representing 0.2635% of its total share capital. The total expenditure to date amounts to CNY 5,099,947,291.83. Individual share repurchases were made in the price range of CNY 1,417.01 to CNY 1,639.99. The repurchase program, intended to reduce registered capital, will continue with management to make decisions regarding repurchases during the buyback window.