SDIC Capital begins A-share repurchase program
SDIC Capital Co., Ltd. announced on September 18, 2025, the initial repurchase of 456,100 A-share shares through centralized bidding transactions. This first tranche represents 0.0071% of the company's total share capital, executed at prices ranging from RMB7.58 to RMB7.71 per share, totaling RMB3,499,344.00, excluding transaction fees.
This initial repurchase is part of a broader plan approved on April 9, 2025, to buy back between RMB200 million and RMB400 million worth of A-shares over a 12-month period. The maximum repurchase price, adjusted to RMB8.77 per share following the company's 2024 annual equity distribution, aims to facilitate the conversion of the company's convertible bonds.
The company affirmed its commitment to adhering to relevant regulations and will continue to disclose progress on the repurchase program.
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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