Jinyu Bio-Technology updates progress on share buyback program
Jinyu Bio-Technology Co., Ltd. has reported its latest progress on its share repurchase program. As of September 30, 2025, the company has cumulatively repurchased 15.7133 million shares through centralized bidding transactions on the Shanghai Stock Exchange, accounting for 1.4134% of its total share capital. The total amount spent on these repurchases stands at CNY 108.4854 million, excluding commissions and transfer fees.
The repurchased shares were acquired at prices ranging from CNY 6.37 to CNY 8.97 per share. The company's board approved the share repurchase plan on October 30, 2024, intending to use the repurchased shares for employee stock ownership plans or equity incentives. The initial repurchase program aimed for an investment between CNY 80 million and CNY 160 million.
Following a dividend distribution of CNY 0.3 per 10 shares in June 2025, the maximum repurchase price was adjusted from CNY 10.01 to CNY 9.98 per share. Jinyu Bio-Technology affirms that the repurchases align with relevant laws and regulations and it will continue to disclose progress in line with regulatory requirements.
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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