FilingReader Intelligence
XCMG Completes Performance Compensation Share Repurchase and Cancellation
August 15, 2025 at 05:22 PM UTC•By FilingReader AI
XCMG Construction Machinery (000425) announced the completion of its performance compensation share repurchase and cancellation. A total of 743,331 shares, previously held by XCMG Group, were repurchased at a total price of CNY 1.00 and subsequently cancelled. This action reduces the company's total share capital from 11,753,715,813 shares to 11,752,972,482 shares. The compensation follows a shortfall in intellectual property performance targets for 2024.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:000425•Shenzhen Stock Exchange
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