Demag Technology: Cumulative repurchased shares account for 1.05% of total share capital; repurchase terminated early.

date
30/09/2026
Demag Technology announced that the company originally planned to repurchase shares with 30 million yuan to 60 million yuan of its own funds for an employee stock ownership plan or equity incentives, with a maximum repurchase price of 23.23 yuan per share and a repurchase period from September 14, 2026 to March 13, 2027. As of September 29, 2026, the company had cumulatively repurchased 2.7805 million shares, accounting for 1.05% of the total share capital, with a repurchase price range of 14.55 yuan per share to 16.70 yuan per share, and had paid a cumulative total of 44.9931 million yuan, reaching the lower limit of the repurchase funds. Because the number of repurchased shares can already meet the scale of the employee stock ownership plan or equity incentives, the company decided to terminate this repurchase matter early.