State Grid Nanrui has repurchased 12.4626 million shares, using a total amount of 275 million yuan.
State Grid Nanrui announced on August 4th that the company has approved a proposal to repurchase the company's A shares through centralized competitive bidding. The company will use its own funds to repurchase shares for future implementation of equity incentive plans. The total amount of repurchase funds will not be less than 500 million yuan and not exceed 1 billion yuan, with a repurchase price not exceeding 34.13 yuan per share. The repurchase period will not exceed 12 months from the date of approval by the company's board of directors. As of July 31, 2025, the company has repurchased 12.46 million shares, accounting for 0.15% of the total share capital with a total fund usage of 275 million yuan.
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