Dalian Bio-Chem updates on share repurchase progress
Dalian Bio-Chem Co., Ltd. announced its latest progress on the share repurchase program initiated on April 24, 2025. As of August 31, 2025, the company has cumulatively repurchased 5,170,500 shares through centralized bidding, representing 0.73% of its total share capital. The total amount spent on repurchases stands at CNY 106,903,092.72. The repurchased shares are intended for employee stock ownership plans or equity incentives.
During August 2025 alone, Dalian Bio-Chem acquired 4,019,140 shares, or 0.57% of its total share capital. These shares were purchased at prices ranging from CNY 19.58 to CNY 22.08 per share, with a total expenditure of CNY 83,992,040.32 (excluding transaction fees) for the month.
The company's repurchase program has a total budget of CNY 200 million to CNY 400 million and is scheduled to run for 12 months from the board's approval date. The maximum repurchase price per share was adjusted from CNY 44.94 to CNY 31.67 following the 2024 annual equity distribution.
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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