Teway Food updates on share repurchase progress for August
Sichuan Teway Food Group provided an update on its share repurchase program, originally approved on April 29, 2025, with an expected duration until April 28, 2026. The program aims to repurchase shares for employee stock ownership plans or equity incentives, with an estimated value between 18 million yuan and 36 million yuan.
The company reported that as of August 31, 2025, it had cumulatively repurchased 1,090,120 shares, representing 0.1024% of its total share capital. The total amount spent on repurchases to date stands at 12,775,041.20 yuan, with prices ranging from 11.47 yuan to 12.26 yuan per share.
During August 2025 alone, the company repurchased 90,200 shares through centralized bidding, accounting for 0.0085% of its total share capital. These transactions were executed at prices between 11.92 yuan and 12.26 yuan per share, totaling 1,095,550.40 yuan (excluding transaction fees). The company utilizes external derivative tools, such as income swaps and over-the-counter options, in collaboration with securities firms to manage repurchase costs and mitigate price fluctuation risks.
Sichuan Teway Food Group confirmed that all repurchase activities align with relevant laws, regulations, and the approved repurchase plan. The company emphasizes its commitment to transparency and will continue to disclose progress regularly.
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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