Each has its own reasons, many A-share listed companies have delayed their buyback.

Wind data shows that since July, nearly 400 A-share companies have disclosed progress in their share buyback implementation, involving a total amount of over 60 billion yuan. Among the companies implementing buybacks, more than 60% have received support from specific buyback loans. However, according to journalists' calculations, at least 17 A-share companies have announced an extension of their buyback implementation period since the beginning of this year, with 8 companies joining this list since July. The main reasons for the extension include limited fund allocation and fluctuations in stock prices. However, some companies are suspected of engaging in market timing buybacks or illegal operations, leading to market concerns about the legitimacy of share buybacks.