CATL initiates share repurchase plan
Contemporary Amperex Technology Co., Ltd. (CATL) [SZSE:300750] announced today that it has initiated its share repurchase plan approved on April 7, 2025. The company repurchased 1,075,275 shares on April 25, 2025, representing 0.0244% of the current total share capital. The repurchased shares were acquired through centralized competitive trading on the Shenzhen Stock Exchange, with prices ranging from CNY 236.01 to CNY 237.38 per share, for a total consideration of CNY 254,677,939.51 (excluding transaction fees). CATL plans to continue the repurchase program within the approved timeframe, allocating between CNY 4 billion and CNY 8 billion for the buyback, intending to use the shares for equity incentives or employee stock ownership plans. The company affirmed that the repurchase activities comply with relevant regulations and guidelines.
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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