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Guangdong Tapai Group advances share repurchase program

October 9, 2025 at 10:10 AM UTCBy FilingReader AI

Guangdong Tapai Group Co. announced the latest progress in its share repurchase program, initiated following approval on August 6, 2025. The company intends to repurchase shares using its own funds through centralized bidding to implement an employee stock ownership plan, with a total value between 50 million yuan and 100 million yuan at a maximum price of 10 yuan per share. The repurchase period is six months from the date of approval.

As of September 30, 2025, Guangdong Tapai Group has cumulatively repurchased 6,117,700 shares. This represents 0.5131% of the company's total share capital. The highest price paid per share was 8.96 yuan, and the lowest was 8.65 yuan. The total amount disbursed for these repurchases stands at 54,085,773.00 yuan, excluding transaction fees.

The company's stock closing price on September 30, 2025, was 8.76 yuan per share, which remains below the maximum repurchase price set by the company. Guangdong Tapai Group confirmed that the repurchases comply with relevant regulations, and it will continue to implement the plan while providing timely updates to investors.

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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