Yili Corporation: 36.2058 million shares have been repurchased, with a total funding amount of approximately 878 million yuan.
Yili Group announced on April 30th that the company held the 11th temporary board meeting on April 28, 2024 and the annual shareholders' meeting on May 20, 2023, approving the proposal on repurchasing company shares through centralized competitive trading. The company agreed to use no less than RMB 1 billion and no more than RMB 2 billion of its own funds to repurchase company shares through centralized competitive trading, with a repurchase price not exceeding RMB 41.88 per share. The repurchase period shall not exceed 12 months from the date of approval by the shareholders' meeting, and the repurchased shares will be used to legally cancel and reduce the registered capital.
As of April 30, 2025, the company has repurchased a total of 36.2058 million shares, accounting for 0.5687% of the total share capital, with a repurchase price ranging from RMB 21.57 per share to RMB 29.97 per share, and a total fund utilization of approximately RMB 0.878 billion.
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