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Yisheng Livestock adjusts share repurchase price limit

September 2, 2025 at 11:51 AM UTCBy FilingReader AI

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd. has announced an adjustment to the upper limit of its share repurchase price. Effective September 10, 2025, the repurchase price ceiling will decrease from 11.80 yuan per share to 11.65 yuan per share. This adjustment follows the company's 2025 semi-annual equity distribution, which entails a cash dividend of 1.50 yuan per 10 shares (pre-tax), or 0.1470605 yuan per share, based on total share capital. The equity distribution’s ex-dividend date is also September 10, 2025.

The company's initial repurchase plan, approved on November 1, 2024, set a price limit of 12.00 yuan per share, later adjusted to 11.80 yuan per share due to previous distributions. The total value of the current repurchase program remains between 100 million yuan and 200 million yuan. As of August 31, 2025, the company had repurchased 13,381,600 shares, representing 1.21% of its total share capital, at a total cost of 120,284,720.50 yuan.

Following the current adjustment, the estimated number of repurchased shares will range from 8,583,700 to 17,167,400, maintaining the repurchase plan’s terms except for the price ceiling. The company will continue to implement the repurchase program and provide timely updates on its progress.

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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