Shanghai Airport to cancel restricted shares, total shares to decrease

Shanghai International Airport (SSE:600009) is set to repurchase and cancel 168,300 A-share restricted stock units from 13 incentive recipients, as per an announcement dated October 31, 2025. This decision, approved by the board on August 28, 2025, follows the company's "A-Share Restricted Stock Incentive Plan," citing changes in employment status for the affected employees. The repurchase price has been adjusted to CNY 17.70966 per share plus bank deposit interest, with the cancellation expected to finalize by November 4, 2025.

Following the cancellation, the company's total shares will decrease from 2,488,481,340 to 2,488,313,040, impacting the proportion of restricted and unrestricted circulating shares. This move also follows the company's Q3 2025 report, which highlights a robust financial performance.

The Q3 report indicates an operating income of CNY 9,713,925,367.87 and a net profit attributable to shareholders of CNY 1,634,013,984.49 for the first nine months of 2025. These figures represent substantial increases compared to the previous year, driven by higher airport traffic and improved operating and investment income.