FilingReader Intelligence

Xiamen Intretech adjusts share repurchase price upper limit

June 27, 2025 at 11:17 AM UTCBy FilingReader AI

Xiamen Intretech (SZSE:002925) announced a decrease in the upper limit of its share repurchase price from CNY 16.87 to CNY 16.58 per share, effective July 3, 2025. This adjustment follows the implementation of the company's 2024 annual equity distribution plan, which included a cash dividend of CNY 3.00 per 10 shares. Based on the minimum repurchase amount of CNY 80 million and the adjusted price, the company estimates it can repurchase an additional 989,500 shares beyond the current 4.7456 million shares. This would bring the total repurchased shares to approximately 5,735,200, representing 0.7377% of the company's total share capital. Conversely, based on the maximum repurchase amount of CNY 130 million, the company estimates it can repurchase an additional 4,005,200 shares, potentially reaching a total of 8,750,800 shares, or 1.1256% of the company's total share capital. The final number of repurchased shares will depend on the actual implementation of the repurchase plan.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:002925Shenzhen Stock Exchange

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