Liaoning Port (601880.SH) plans to spend 420 million to 840 million yuan to repurchase shares for cancellation. The repurchase price will not exceed 1.87 yuan per share.

Liaoning Port (601880.SH) announced that the company plans to use its own funds to repurchase company shares through the Shanghai Stock Exchange trading system in a centralized bidding transaction. The repurchased shares will be cancelled and the company's registered capital will be reduced. The total amount of funds for this repurchase will be no less than RMB 420 million, up to RMB 840 million. The repurchase price will not exceed RMB 1.87 per share. The repurchase period will not exceed 12 months from the date of approval of the repurchase plan by the shareholders' meeting.