Shanghai Electric continues share repurchase program

Shanghai Electric Group Company (SSE:601727) announced that it repurchased 2,121,556 A-shares on July 7, 2025, on the Shanghai Stock Exchange. The shares were bought back at prices ranging from RMB7.26 to RMB7.31 per share, with a total expenditure of RMB15,451,143.24. The company confirmed that the buyback was conducted according to the applicable rules and regulations of the Shanghai Stock Exchange. The announcement also indicated that, following this transaction, the number of shares repurchased for cancellation totals 2,121,556, with zero shares held as inventory. This buyback is part of an ongoing repurchase program authorized by the company's board. As of this announcement, Shanghai Electric has 12,655,327,092 shares issued.