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Shanghai Precise Packaging adjusts share repurchase price, quantity after dividend

September 18, 2025 at 12:20 PM UTCBy FilingReader AI

Runze Intelligent Computing Technology Group Co., Ltd. (Shanghai Precise Packaging) has announced adjustments to its share repurchase program's price and quantity limits, effective September 25, 2025 (ex-dividend and ex-interest date). The adjustments follow the company's 2025 interim equity distribution, approved by the Fifth Board of Directors at its second meeting on August 27, 2025. The distribution entails a cash dividend of CNY 3.995 (including tax) per 10 shares, based on a total share capital of 1,630,558,113 shares after deducting repurchased shares.

Following the equity distribution, the adjusted upper limit for the share repurchase price will decrease from not exceeding CNY 74.87 per share to not exceeding CNY 74.47 per share. This adjustment is calculated based on the previous repurchase price limit minus the cash dividend, divided by one plus the change in circulating shares.

Consequently, the estimated number of shares to be repurchased will increase from approximately 6,678,242 to 13,356,485 shares to approximately 6,714,113 to 13,428,226 shares, as measured by the adjusted price limit. The company's overall repurchase plan, including the total value of repurchases, remains unchanged.

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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