Vanke completes sale of A-share treasury stocks

China Vanke (SZSE:000002) announced the completion of its A-share treasury stock sale program on June 12, 2025. The company sold 72,955,992 shares between June 10 and June 12, representing 0.61% of its total share capital. The sale generated total proceeds of CNY 479,342,723.96 before transaction costs, with sale prices ranging from CNY 6.48 to CNY 6.72 per share, averaging CNY 6.57 per share. Vanke noted that the sale complied with regulations, with the volume of shares sold on June 11 below 25% of the average daily trading volume of Vanke A-shares in the 20 trading days preceding the announcement. The company expects the sale to positively impact its working capital and will account for the difference between the sale price and repurchase price in its capital reserves. The sale will not affect the company's current profit or future development.