China Merchants Expressway announces share repurchase progress, director resignation
China Merchants Expressway Network & Technology Holdings (SZSE:001965) announced that as of May 30, 2025, it has cumulatively repurchased 16,366,604 shares through centralized bidding via a dedicated securities account. These shares represent 0.23997% of the company's total share capital. The repurchase involved a minimum transaction price of CNY12.15 per share and a maximum of CNY13.40 per share, with a total expenditure of CNY210,594,617.17 (excluding transaction fees). The company stated that the repurchase activities adhere to relevant laws, regulations, and the company's share repurchase plan.
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