Hailiang share repurchase reaches 2%

Zhejiang Hailiang Co., Ltd. (SZSE:002203) announced that its ongoing share repurchase program has reached a significant milestone. As of March 3, 2025, the company has repurchased 40,538,964 shares through a dedicated securities account, accounting for 2.0287% of the company's total share capital. The repurchases were executed via centralized bidding, with prices ranging from a high of 11.13 RMB per share to a low of 9.41 RMB per share. The total transaction value amounted to 420,204,784.80 RMB (excluding transaction costs). The company affirms that the repurchase activities align with the previously disclosed repurchase plan and relevant regulations, utilizing its own funds and dedicated repurchase loans for the program. Hailiang intends to use the repurchased shares for equity incentives or employee stock ownership plans.