Runze AI Computing concludes first phase of share buyback program
Runze AI Computing Group Co., Ltd. announced progress on its share repurchase program, initially approved on April 22, 2025. The company plans to repurchase shares using its own or borrowed funds, ranging from a minimum of 500 million yuan to a maximum of 1 billion yuan. The repurchase price is capped at 75.00 yuan per share. Based on these parameters, the company estimates repurchasing between 6,666,667 and 13,333,333 shares, representing 0.39% to 0.77% of its total share capital.
As of August 31, 2025, the company had cumulatively repurchased 3,785,460 shares through its dedicated securities account via centralized bidding. This represents 0.23% of the company's total share capital. The highest price paid for a repurchase was 59.28 yuan per share, while the lowest was 47.50 yuan per share. The total expenditure for these repurchases, excluding transaction fees, amounted to 207,665,156.78 yuan.
The company's share repurchase activities have been conducted in compliance with relevant laws, regulations, and its approved share repurchase plan. The board of directors will continue to implement the repurchase program within the approved timeframe and fulfill its information disclosure obligations as per regulations.
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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