China Eastern Airlines completes share repurchase, eyes capital reduction
China Eastern Airlines announced the completion of its share repurchase program, which saw a total of 203,559,900 shares repurchased, representing 0.9132% of the company's total shares prior to the repurchase. This included 89,553,900 A-shares and 114,006,000 H-shares. The A-share repurchase amounted to 336,800,200.00 yuan, with prices ranging from 3.53 yuan to 4.10 yuan per share. The H-share repurchase totaled HK$311,346,700.00, with prices between HK$2.26 and HK$3.03 per share.
The repurchased shares will be canceled to reduce the company's registered capital. Following the cancellation, the total number of shares will decrease to 22,087,736,670, with A-shares comprising 17,024,964,893 and H-shares 5,062,771,777. The company's board, senior management, and controlling shareholder did not trade company shares during the repurchase period.
China Eastern Airlines will proceed with the cancellation of the repurchased shares with China Securities Depository and Clearing Corporation Limited and Hong Kong Registrars Limited on November 11, 2025. This action aligns with the company's objective to reduce its registered capital.
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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