Sinodata completes share repurchase program

Beijing Sinodata Technology (SZSE:002657) announced the completion of its share repurchase program, initiated on March 11, 2024. The company repurchased 1,476,155 shares, representing 0.43% of its total share capital. The buyback aimed to implement an employee stock ownership plan or equity incentive plan. The highest transaction price per share was 20.65 yuan, and the lowest was 10.57 yuan, with the total transaction amount reaching 20,000,955.55 yuan (excluding transaction fees). The funds were sourced from the company's own capital. The repurchased shares will be held in a dedicated securities account and will not be entitled to voting rights or dividend distributions during this period. Should the shares not be used for the intended purpose within 36 months, they will be cancelled.