China Merchants Port Group completes share repurchase, reducing capital
China Merchants Port Group Co., Ltd. has announced the completion of its share repurchase program as of September 19, 2025. The company repurchased 19,817,696 shares through concentrated bidding, representing 0.79% of its total share capital. The repurchases occurred between December 4, 2024, and September 19, 2025, with prices ranging from RMB 17.95 to RMB 20.99 per share.
The total expenditure for the repurchase amounted to RMB 388,952,994.18, including transaction fees. This amount met the lower bound of the previously announced repurchase fund range (RMB 195 million to RMB 389 million) and complied with the company’s resolutions passed in October 2024. All repurchased shares will be cancelled, reducing the company's registered capital.
The company confirmed the share repurchase would not adversely affect its operations, profitability, or control structure and that its equity distribution remains compliant with listing requirements.
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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