AMEC updates market on share reduction program for repurchased shares
Advanced Micro-Fabrication Equipment (Shanghai) Co., Ltd. (AMEC) has announced progress on its share reduction plan for repurchased shares. The company previously repurchased 2,096,273 shares between February 8, 2024, and April 30, 2024, representing 0.33% of its total share capital. These shares were intended to support company value and shareholder equity, with a plan to sell them via centralized bidding 12 months after the repurchase results were disclosed. The initial reduction plan was unveiled on October 30, 2025.
As of November 30, 2025, AMEC's dedicated securities account for repurchased shares has sold 86,273 shares. This reduction took place between November 20, 2025, and November 30, 2025, at an average price of CNY 273.55 per share, with prices ranging from CNY 270 to CNY 286 per share. The total transaction value amounted to CNY 23,600,408.36.
This sale represents 0.01% of the company's total share capital. Following this transaction, the company’s dedicated securities account holds 2,010,000 repurchased shares. The company affirmed that this reduction is consistent with prior disclosures and will not materially impact its operations, financials, or future development.
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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