FilingReader Intelligence

Fiberhome Telecom launches share buyback, acquires nearly 800,000 shares

October 23, 2025 at 08:40 AM UTCBy FilingReader AI

Fiberhome Telecommunication Technologies Co., Ltd. announced its initial share repurchase through centralized bidding on October 23, 2025. The company acquired 798,500 shares, representing 0.062% of its total share capital. The highest price paid was RMB 25.13 per share, and the lowest was RMB 24.81 per share. The total expenditure for this initial repurchase amounted to RMB 19,989,148.00 (excluding transaction fees).

This buyback is part of a larger plan, approved by the board and shareholders, to repurchase shares between October 15, 2025, and April 14, 2026. The total estimated repurchase amount ranges from RMB 75 million to RMB 150 million, with a maximum repurchase price of RMB 40.53 per share. The company intends to use its own funds or raised capital for the buyback, which aims to reduce registered capital by canceling the repurchased shares.

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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