Since October, the upper limit of new share repurchases by semiconductor companies on the STAR Market has exceeded 10 billion yuan.
On the morning of November 4, memory chip manufacturing leader ChangXin Technology significantly raised the upper limit of its buyback plan to 5 billion yuan, an increase of 3 billion yuan over the previous plan. This is the largest single buyback transaction on the STAR Market to date. According to incomplete statistics by the reporter, based on the upper limits of the plans, as of November 4, 42 STAR Market semiconductor companies had disclosed buyback plans this year, totaling 13 billion yuan. Among them, 24 were new plans added since October, with a combined upper limit of 10.65 billion yuan, breaking through the 10 billion yuan mark. In terms of share increases, since the beginning of this year, the combined upper limit of share purchases by shareholders and executives of STAR Market semiconductor companies has reached 1.25 billion yuan.
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