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Jiu Steel Hongxing reports share repurchase progress

July 2, 2025 at 05:02 AM UTCBy FilingReader AI

Gansu Jiu Steel Group Hongxing Iron & Steel (SSE:600307) announced the progress of its share repurchase program, revealing that as of June 30, 2025, the company had bought back 51,345,900 shares, representing 0.82% of the company's total share capital. The repurchases occurred at prices ranging from CNY 1.37 to CNY 1.44 per share, with a total expenditure of CNY 72,016,591.00 (excluding transaction costs). The company stated that the buyback activities are in compliance with relevant laws and regulations, and that it would continue to implement the repurchase plan based on market conditions while adhering to disclosure obligations. The share repurchase program, approved on April 18, 2025, aims to maintain the company's value and protect shareholder interests.

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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