FilingReader Intelligence

Senior Technology Material completes share repurchase program

June 18, 2025 at 05:09 PM UTCBy FilingReader AI

Shenzhen Senior Technology Material (SZSE:300568) announced the completion of its share repurchase program today. The company repurchased 19,855,640 shares, representing 1.48% of the company's total share capital. The highest transaction price was CNY 10.30 per share, and the lowest was CNY 9.82 per share, resulting in an average transaction price of CNY 10.07 per share. The total expenditure for the repurchase amounted to CNY 199,976,292.11 (excluding transaction fees). The company intends to use the repurchased shares to maintain company value and protect shareholder interests. These shares will be sold via centralized bidding within twelve months of this announcement and completed within three years. Any unsold shares will be cancelled.

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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