FilingReader Intelligence
SAIC Motor to cancel repurchased shares, reduce capital
June 28, 2025 at 05:09 AM UTC•By FilingReader AI
SAIC Motor Corp (SSE:600104) announced its plan to cancel 80,021,941 repurchased shares and reduce its registered capital. The decision, approved at the 2024 Annual General Meeting and earlier board meetings, follows the completion of the company's 2021 share repurchase program and aligns with its "2025 Valuation Enhancement Plan."
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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