Juneyao Airlines continues share repurchase program
Shanghai Juneyao Airlines Company Limited announced that as of August 31, 2025, it has cumulatively repurchased 34,980,186 shares through centralized bidding transactions. This represents 1.60% of the company's current total share capital of 2,184,005,268 shares. The total amount paid for these repurchases is CNY 444,014,692.73, excluding transaction fees, with buyback prices ranging from a minimum of CNY 11.93 per share to a maximum of CNY 13.46 per share.
The company's board approved the share repurchase program on January 27, 2025, with a planned repurchase amount between CNY 250m and CNY 500m. The shares are primarily intended for employee stock ownership plans or equity incentives, with a portion also used to reduce registered capital. In August 2025 alone, the company repurchased 4,212,500 shares at prices between CNY 12.23 and CNY 12.77 per share, totaling CNY 52,752,805.20.
The maximum repurchase price was adjusted to CNY 15.7017 per share from CNY 15.80 per share following the 2024 annual equity distribution. Juneyao Airlines affirms that the repurchase progress aligns with legal regulations and the company's approved buyback plan.
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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