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Avic Aviation High-Tech updates on share repurchase program

September 1, 2025 at 10:20 AM UTCBy FilingReader AI

Avic Aviation High-Technology Co., Ltd. has updated the market on its share repurchase program, initially approved on April 25, 2025. The company plans to repurchase shares using RMB100m (inclusive) to RMB200m (inclusive) of its own funds through centralized bidding transactions on the Shanghai Stock Exchange. The maximum repurchase price is RMB36.00 per share (inclusive), adjusted to RMB35.75 per share (inclusive) as of June 27, 2025, following the implementation of the 2024 annual equity distribution.

As of August 31, 2025, the company has cumulatively repurchased 3,539,700 A-shares, representing 0.2541% of its total share capital. The highest price paid for repurchased shares was RMB27.61 per share, while the lowest was RMB24.67 per share. The total capital expenditure for these repurchases amounts to RMB91,910,124, excluding transaction fees.

The repurchased shares are designated to be used for the company's employee stock ownership plan or equity incentive programs. Avic Aviation High-Technology Co., Ltd. stated it will continue to execute the repurchase program as per market conditions within the stipulated period and fulfill its information disclosure obligations.

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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