Deppon Logistics begins share buyback, aims to reduce capital

Deppon Logistics Co., Ltd. announced the initiation of its share repurchase program. As of October 31, 2025, the company has repurchased 268,400 shares, representing 0.03% of its total share capital. The repurchases were executed at prices ranging from RMB 14.90 to RMB 15.04 per share, totaling RMB 4,010,369.00 (excluding transaction commissions and fees).

The company's board and shareholders previously approved a plan to repurchase shares using RMB 75,000,000.00 to RMB 150,000,000.00 of its own funds, with a maximum price of RMB 16.00 per share. Following a 2024 annual profit distribution, the maximum repurchase price was adjusted to RMB 15.85 per share, effective from June 11, 2025.

This repurchase program, set to run from May 16, 2025, to May 15, 2026, aims primarily to reduce the company's registered capital by canceling the repurchased shares. Deppon Logistics will continue to monitor market conditions and implement the repurchase as planned.