Weichai Power repurchases 0.58% of A-shares for 761m yuan
As of October 31, 2025, Weichai Power Co., Ltd. has repurchased a total of 50,252,475 A-shares through concentrated auction trading. This represents approximately 0.58% of the company's total share capital. The highest price paid for a share was 15.43 yuan, while the lowest was 14.57 yuan. The total expenditure for these repurchases amounts to 761,492,999.13 yuan, excluding transaction fees.
The share repurchase program was approved at the company's second extraordinary general meeting, second A-share shareholders' meeting, and second H-share shareholders' meeting in 2025. The initial maximum repurchase price was set at 23.57 yuan per share, adjusted to 22.86 yuan per share following the implementation of the 2024 annual profit distribution and 2025 interim profit distribution plans.
The company's board of directors authorized the use of self-owned and self-raised funds for this initiative, with a total planned investment ranging from 500 million yuan to 1 billion yuan. The repurchase period is set for 12 months from the date of approval. Weichai Power confirmed that the repurchases adhere to all relevant laws and regulations governing such transactions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Weichai Power publishes news
Free account required • Unsubscribe anytime