Sinocare progresses with share repurchase, buys back 1.09% of capital
As of September 30, 2025, Sinocare has cumulatively repurchased 6,127,500 shares through centralized bidding, representing 1.09% of its total share capital. The highest price paid per share was 21.39 yuan, with the lowest at 19.41 yuan, totaling an aggregate transaction value of 125,742,669.58 yuan (excluding transaction fees). This activity aligns with the company's approved buyback plan and relevant regulations.
The company's board initially approved the repurchase on February 20, 2025, with a budget of 150,000,000 yuan to 300,000,000 yuan and an original price cap of 34.00 yuan per share. Following a 2024 annual equity distribution on June 13, 2025, the price limit was adjusted to 33.78 yuan per share.
Sinocare confirmed its compliance with the Shenzhen Stock Exchange's self-regulatory guidelines regarding the timing, volume, and pricing of its share repurchases. The company plans to continue its buyback program within the designated period, subject to market conditions.
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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