China Nuclear Power updates on ongoing share repurchase program

China National Nuclear Power (CNNP) announced the latest progress in its share repurchase program, having bought back 37,990,857 shares by November 21, 2025. This represents 0.18% of the company’s total share capital, with a cumulative expenditure of 344,834,597.49 yuan. The repurchased shares were acquired at prices ranging from 8.40 yuan to 9.65 yuan per share.

The share repurchase, initiated on April 28, 2025, is primarily intended for subsequent implementation of an employee stock ownership plan or equity incentive. Between November 1 and November 21, 2025 alone, CNNP repurchased 6,729,549 shares, totaling 59,997,651.45 yuan.

The program aims to repurchase shares worth between 300 million yuan and 500 million yuan, utilizing both proprietary and self-raised funds through centralized bidding transactions. The board approved the scheme on April 27, 2025, with a maximum repurchase price of 13.98 yuan per share and a duration not exceeding 12 months from the approval date.