Jinyu Bio-Technology makes progress on share buyback program
Jinyu Bio-Technology Co., Ltd. announced that as of August 30, 2025, it has repurchased 15.6833 million shares, representing 1.4107% of the company's total share capital. The total amount spent on these repurchases stands at CNY 108,241,200 (excluding commissions and transfer fees), with share prices ranging from CNY 6.37 to CNY 8.97 per share.
The company's board initially approved the repurchase plan on October 30, 2024, with a budget of CNY 80,000,000 to CNY 160,000,000. These shares are intended for employee stock ownership plans or equity incentives, with the repurchase period set for 12 months from the board's approval. Following a 2024 annual dividend distribution of CNY 0.3 per 10 shares, the maximum repurchase price was adjusted from CNY 10.01 to CNY 9.98 per share.
The company affirms that the repurchase activities align with relevant laws and regulations, and it will continue to adhere to regulatory requirements for information disclosure. Investors are advised to be aware of potential investment risks.
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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