FilingReader Intelligence

Haers yet to repurchase shares under buyback program

July 2, 2025 at 05:03 AM UTCBy FilingReader AI

Zhejiang Haers Vacuum Containers (SZSE:002615) announced that, as of June 30, 2025, no shares have been repurchased through the company's dedicated securities account under its previously announced share repurchase program. The program, approved on April 20, 2025, allows for the repurchase of public shares using company funds and a special stock repurchase loan, with a total repurchase amount between CNY 8,000,000 and CNY 16,000,000. The repurchase price is capped at CNY 10.85 per share, adjusted from CNY 11.00 following a 2024 rights distribution. Repurchased shares are intended for future equity incentive plans or employee stock ownership plans, with the program running for 12 months from the approval date. The company stated it will implement the buyback plan in a timely manner based on market conditions and will fulfill its 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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