Amlogic updates market on share buyback progress
Amlogic (Shanghai) Co., Ltd. announced significant progress in its share repurchase program as of August 31, 2025. The company has cumulatively repurchased 795,289 shares through centralized bidding on the Shanghai Stock Exchange, representing 0.1889% of its total share capital. The repurchases were executed at prices ranging from RMB 65.82 to RMB 70.50 per share.
The total capital expended on these buybacks amounts to approximately RMB 5,495.18万元, excluding commissions and transfer fees. This action aligns with the company's previously announced plan to repurchase shares using its own funds, targeting a total value between RMB 5,000万元 and RMB 10,000万元. The repurchased shares are intended for employee stock ownership plans or equity incentives.
The share repurchase program commenced on April 10, 2025, following a proposal by the chairman and actual controller, and is scheduled to conclude by April 9, 2026. Amlogic has affirmed its adherence to relevant laws, regulations, and its approved share repurchase plan throughout this process, committing to timely disclosure of further developments.
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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