FilingReader Intelligence

China Merchants Port progresses with share repurchase program

March 31, 2025 at 05:51 PM UTCBy FilingReader AI

China Merchants Port Group announced that it has repurchased 11,155,474 shares as of March 31, 2025, representing 0.446% of the company's total share capital. The repurchases were made through a dedicated securities account via centralized bidding, with prices ranging from CNY 18.50 to CNY 20.99 per share. The total expenditure for the repurchase amounted to CNY 218,204,634.17, including stamp duty and transaction commissions. The company stated that the repurchases comply with the previously disclosed repurchase plan and relevant laws and regulations. China Merchants Port also affirmed that it adhered to regulations regarding repurchase timing and price, and will continue to implement the repurchase plan within the specified period, while reminding investors to be aware of investment risks.

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

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