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Hengyi Petrochemical's employee stock plan nears expiration

March 29, 2025 at 08:03 AM UTCBy FilingReader AI

Hengyi Petrochemical (SZSE:000703) has announced that its fourth employee stock ownership plan will expire on September 23, 2025. The plan, initiated in 2021, involved the purchase of 113,754,600 shares, representing 3.10% of the company's total share capital, at an average price of 12.25 yuan per share, totaling approximately 1.39 billion yuan. The company highlights that it will adhere to relevant regulations regarding stock trading during the remaining period, particularly concerning blackout periods before financial reports and significant corporate events. Hengyi Petrochemical will continue to disclose updates on the plan's progress. The plan has paid out cash dividends of approximately 34.13 million yuan.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:000703Shenzhen Stock Exchange
Oil & Gas

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