CATL completes restricted share repurchase, cancels 71,547 shares

Contemporary Amperex Technology (CATL) [SZSE:300750] announced the completion of the repurchase and cancellation of restricted shares previously granted under its 2019 incentive plan. A total of 71,547 shares, involving 19 incentive recipients, were cancelled. This represents approximately 0.002% of the company's total share capital prior to the repurchase. The share cancellation was finalized on February 21, 2025. This reduces CATL's total share capital from 4,403,466,458 shares to 4,403,394,911 shares. The repurchase and cancellation were conducted in accordance with the guidelines of the 2019 incentive plan, addressing situations where incentive recipients left the company or failed to meet performance requirements. The funds used for the repurchase totaled ¥1,412,292.78 from CATL's own capital.