Shenhuo Coal & Power updates on share repurchase progress
Henan Shenhuo Coal & Power Co., Ltd. announced the progress of its share repurchase plan as of August 31, 2025. The company has cumulatively repurchased 15,420,360 shares, representing 0.686% of its current total share capital. The highest transaction price for these shares was RMB 17.00 per share, and the lowest was RMB 15.93 per share. The total transaction value, excluding trading fees, amounted to RMB 254,978,767.92.
The repurchased shares are funded by the company's own capital, and the repurchase price did not exceed the maximum price stipulated in the original plan. The company's board of directors approved the scheme on December 30, 2024, with a total value ranging from not less than RMB 2.50 bn to not more than RMB 4.50 bn, and a maximum price of RMB 20 per share. The plan's implementation period extends for 12 months from the date of approval.
The company affirmed that the repurchase aligns with relevant laws, regulations, and its established share repurchase plan. Henan Shenhuo Coal & Power intends to continue implementing the repurchase plan within the designated period, subject to market conditions, and will fulfill its information disclosure obligations as required by law.
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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