Weichai Power adjusts share repurchase price after interim dividend

Weichai Power announced an adjustment to the upper limit of its A-share repurchase price from RMB 23.22/share to RMB 22.86/share. This change, effective on October 24, 2025, aligns with the company's 2025 interim cash dividend distribution, which entails a per-share cash dividend of RMB 0.3553428 (tax inclusive) for A-shares. The initial repurchase plan, approved on April 29 and May 20, 2025, aimed to repurchase A-shares at a maximum price of RMB 23.57/share, with a total investment between RMB 500 million and RMB 1 billion.

The 2025 interim dividend distribution involves a cash dividend of RMB 3.58 per 10 shares (tax inclusive) to eligible shareholders, excluding 50,252,475 A-shares held in the company's dedicated repurchase account. This adjustment aligns with regulatory requirements that necessitate modifying repurchase price limits when companies execute dividend distributions or other equity-related events. The record date for the dividend is October 23, 2025, with the ex-dividend date on October 24, 2025.

The repurchase program, which will see shares used for capital reduction through cancellation, remains otherwise unchanged.