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Hikvision announces progress on share repurchase program

March 31, 2025 at 05:52 PM UTCBy FilingReader AI

Hangzhou Hikvision Digital Technology (SZSE:002415) has announced progress on its share repurchase program, initiated on December 26, 2024. As of March 31, 2025, the company has repurchased 40,504,219 shares, representing 0.4387% of its total share capital, through a dedicated securities account using centralized bidding. The highest transaction price was CNY 32.70 per share, and the lowest was CNY 27.53 per share, with a total transaction amount of CNY 1,235,479,288.81 (excluding transaction fees). The repurchased shares will be used for capital reduction through cancellation, and the repurchase aligns with existing laws and regulations and the company's established repurchase plan. The company plans to continue implementing the repurchase program within the stipulated timeframe, based on market conditions.

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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