FilingReader Intelligence

Sichuan Jiuzhou initiates share repurchase program

June 13, 2025 at 05:26 PM UTCBy FilingReader AI

Sichuan Jiuzhou Electric (SZSE:000801) announced the commencement of its share repurchase program, as approved in the 2024 Annual General Meeting and the 13th Board Meeting in April 2025. The company repurchased 221,100 shares on June 13, representing 0.02% of its total share capital, utilizing a dedicated securities account for the purpose. The highest transaction price during this initial buyback was CNY 15.25 per share, and the lowest was CNY 15.22 per share, with the total expenditure amounting to CNY 3,371,083.00 (excluding transaction costs). The repurchase was funded through the company's own funds and a dedicated loan, and the repurchase price did not exceed the adjusted limit of CNY 26.27 per share. The company intends to continue the repurchase program within the stipulated timeframe, following market conditions and regulatory requirements, with the intention of retiring the repurchased shares.

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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