GF Securities completes A-share buyback cancellation
GF Securities (SZSE:000776) announced the completion of its A-share repurchase program and the subsequent cancellation of shares. A total of 15,242,153 A-shares were canceled on February 25, 2025, representing 0.2% of the company's share capital before cancellation. This move reduces GF Securities' total share capital from 7,621,087,664 shares to 7,605,845,511 shares. The repurchased shares were initially intended for an A-share restricted stock incentive plan, but the purpose was later changed via shareholder vote to cancellation and reduction of registered capital. The buyback was executed via centralized bidding, with prices ranging from 15.03 to 16.00 RMB per share, totaling 233,590,340.24 RMB (excluding transaction costs). The company will amend its articles of association and complete relevant business registration changes.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when GF Securities publishes news
Free account required • Unsubscribe anytime