Sumavision Technologies begins share buyback program
Beijing Sumavision Technologies Co. (SZSE:300079) announced its first share repurchase on December 17, 2025. The company acquired 969,000 shares, representing 0.0680% of its total share capital, through centralized bidding. The total transaction amounted to 5,000,680 yuan (excluding transaction fees), with prices ranging from 5.13 yuan to 5.23 yuan per share.
This initial buyback follows a resolution passed by the board of directors on December 15, 2025. The overall repurchase program is set to range from 80,000,000 yuan to 120,000,000 yuan, with a maximum price of 8.4 yuan per share, and is scheduled to conclude within six months from the board's approval.
Sumavision Technologies confirmed the share repurchase adhered to all relevant laws, regulations, and its previously announced buyback plan. The company stated it will continue to implement the share repurchase program as market conditions allow and will fulfill its disclosure obligations.
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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