China Nuclear Power updates share buyback for employee incentives

China National Nuclear Power Co. has announced its latest progress on an A-share repurchase program. As of November 30, 2025, the company had cumulatively repurchased 39,146,857 shares, representing 0.19% of its total share capital. The total amount paid for these repurchases was 354,833,997.49 yuan (excluding commissions), with share prices ranging from 8.40 yuan to 9.65 yuan per share.

The company's board initially approved the plan on April 27, 2025. The program, proposed by chairman Lu Tiezong, aims to repurchase shares worth between 300 million yuan and 500 million yuan, with a maximum repurchase price of 13.98 yuan per share. The repurchased shares are primarily intended for future implementation of employee stock ownership plans or equity incentives. The repurchase period runs from April 28, 2025, to April 27, 2026.

In November 2025 alone, China National Nuclear Power repurchased 7,885,549 shares, totaling 69,997,051.45 yuan. The company affirms that the repurchase activities comply with relevant laws, regulations, and its disclosed repurchase plan.