Midea Group Co., Ltd (00300) plans to repurchase and cancel a total of approximately 1,493,540 restricted stocks.

27/12/2024

GMT Eight

Midea Group Co., Ltd. (00300) announced that the company plans to repurchase and cancel a total of 258,668 restricted stocks granted to 18 2021 restricted stock incentive recipients that have not yet been released from restriction. The company also plans to repurchase and cancel a total of 681,500 restricted stocks granted to 22 2022 restricted stock incentive recipients that have not yet been released from restriction. Additionally, the company plans to repurchase and cancel a total of 553,375 restricted stocks granted to 29 2023 restricted stock incentive recipients that have not yet been released from restriction.

The easing of US inflation reignites expectations of Fed rate cuts, prompting funds to flow back into global stock funds.

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Contact: contact@gmteight.com

Midea Group Co., Ltd (00300) plans to repurchase and cancel a total of approximately 1,493,540 restricted stocks.

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