Shanghai Electric repurchases A-shares for future cancellation
Shanghai Electric Group Company (SSE:601727) announced the repurchase of 1,803,000 A-shares on the Shanghai Stock Exchange on July 9, 2025. The shares were repurchased at a price of RMB 7.32 per share, amounting to a total expenditure of RMB 13,197,960. The repurchased shares are intended for cancellation and will decrease the total issued share capital accordingly. This buyback forms part of a previously announced repurchase plan aimed at enhancing shareholder value. Shanghai Electric confirms that the repurchase was conducted in compliance with applicable regulations.
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 Shanghai Electric Group Company publishes news
Free account required • Unsubscribe anytime