Invt ups buyback price, extends program amid share value surge

Shenzhen Invt Electric (SZSE:002334) announced it will increase the upper limit of its share repurchase price from CNY7.94 per share to CNY13.80 per share. This adjustment comes as the company's stock price has consistently exceeded the initial repurchase price limit. To further ensure the buyback's successful execution, the company also extended the implementation period by nine months, pushing the deadline to February 8, 2026, from the original date of May 8, 2025. This adjustment and extension have led to estimated buyback quantities ranging from 8,270,398 to 11,168,949 shares based on existing funds. Excluding the aforementioned price and schedule changes, no other aspects of the repurchase plan have been altered.