C&S Paper nearly triples share buyback program to 160m yuan

C&S Paper has significantly expanded its share repurchase program, increasing the total value from an initial range of 30-60 million yuan to 110-160 million yuan.

As of July 31, 2025, the company has repurchased 11.08 million shares representing 0.86% of total share capital for 75.97 million yuan. The shares were bought at prices ranging from 6.01 to 7.15 yuan per share, well below the original maximum price of 9.77 yuan per share.

The repurchased shares are intended for future employee stock plans or equity incentive schemes.