China Express Airlines hasn't started approved share repurchase plan

China Express Airlines Co., Ltd. announced that as of September 30, 2025, it has not yet implemented the share repurchase plan previously approved by its board of directors. The plan, adopted on September 15, 2025, aimed to repurchase a portion of the company's publicly traded A-shares through centralized bidding, with the repurchased shares intended for employee stock ownership plans or equity incentives.

The approved repurchase plan earmarked a minimum of RMB 80,000,000.00 and a maximum of RMB 160,000,000.00, with a maximum repurchase price of RMB 13.54 per share. Based on these figures, the company estimated it could repurchase approximately 11,816,839 shares, representing 0.92% of its total share capital. The repurchase period was set for up to six months from the date of board approval.

The company affirmed its commitment to proceeding with the repurchase plan within the stipulated period, depending on market conditions. It also pledged to comply with relevant laws, regulations, and disclosure requirements. Investors are advised to exercise caution and be aware of investment risks.