Ping An completes share purchases for 2025 long-term service plan
Ping An Insurance (Group) Company of China Limited announced the completion of share purchases for its 2025 long-term service plan. The company acquired 74,615,000 H-shares through secondary market transactions, representing 0.412% of its total share capital.
The aggregate transaction amount for the share purchases totaled RMB 3,875,379,402.99 (including fees), with an average transaction price of approximately RMB 51.87 per share. Funding for these acquisitions originated from employee-payable remuneration, and 83,024 core employees voluntarily participated in the 2025 long-term service plan.
Following these purchases, Ping An's directors, supervisors, and senior management collectively hold 1,882,031 shares, accounting for 2.52% of the plan's total shares. Other employees hold 72,732,969 shares, representing 97.48%. Participants can apply for the vesting of plan entitlements upon retirement, which will be finalized after confirmation and payment of relevant taxes.
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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