FilingReader Intelligence

Tongling Nonferrous makes progress on share repurchase plan

June 4, 2025 at 05:06 AM UTCBy FilingReader AI

Tongling Nonferrous Metals Group (SZSE:000630) announced progress on its share repurchase plan, initiated in September 2024, with a total of 29,505,500 shares repurchased as of May 31, 2025. The shares, representing 0.23% of the company's total equity, were acquired through a dedicated securities account via centralized competitive bidding. The highest transaction price was CNY 3.39 per share, and the lowest was CNY 2.87 per share, resulting in a total expenditure of CNY 94,608,200 (excluding transaction costs). The repurchase aligns with relevant laws and regulations and the company’s previously established repurchase plan. The company stated it will continue to implement the repurchase plan within the prescribed period, while adhering to information disclosure obligations.

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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