Avic aviation high-technology repurchases shares for equity incentive plan
Avic Aviation High-Technology (SSE:600862) announced significant progress in its share repurchase program as of September 30, 2025. The company has repurchased 3,539,700 A-shares through centralized bidding transactions, representing 0.2541% of its total share capital. The total capital expenditure for these repurchases amounts to 91,910,124 yuan, with share prices ranging from 24.67 to 27.61 yuan per share.
The share repurchase plan, approved on April 25, 2025, aims to utilize between 100 million yuan and 200 million yuan of proprietary funds for repurchases. These shares are intended to be exclusively used for an employee equity incentive plan, with a maximum repurchase price set at 35.75 yuan per share, adjusted from 36.00 yuan following the 2024 annual profit distribution. The repurchase window extends from April 28, 2025, to April 27, 2026.
The company commenced its first repurchase on July 1, 2025, and confirms that all repurchase activities comply with relevant laws and regulations. Avic Aviation High-Technology reiterated its commitment to transparent reporting of future repurchase progress.
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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