Dalian Bio-Chem's share repurchase program exceeds 1% of total capital
Dalian Bio-Chem Co., Ltd. announced its share repurchase program, initiated following an April 24, 2025, board resolution, has reached a cumulative repurchase ratio of 1.16% of the company's total share capital. As of November 28, 2025, the company has repurchased 8,188,800 shares through centralized bidding.
The total amount spent on the repurchase, excluding transaction fees, stands at CNY 198,660,918.72. Shares were bought at prices ranging from CNY 19.58 to CNY 31.66 per share. The program, with a total value between CNY 200,000,000 and CNY 400,000,000, is intended for employee stock ownership plans or equity incentives and is scheduled to run for 12 months from the board's approval date.
The company will continue to execute the repurchase program as per market conditions and regulatory requirements, ensuring timely disclosure. The share price upper limit for the repurchase was adjusted from CNY 44.94 to CNY 31.67 per share following the implementation of the 2024 annual equity distribution.
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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