Weichai Power: has repurchased 39.1425 million shares, with a total amount of funds used of 596 million yuan.
Weichai Power announced on September 1st that the company held the fourth interim board meeting of 2025 on April 29, 2025, the second interim shareholders' meeting, the second A-share shareholders' meeting, and the second H-share shareholders' meeting on May 20, 2025. The meeting passed the proposal on repurchasing part of the company's A-share shares, agreeing that the company will use its own funds and self-raised funds to repurchase part of the company's A-share shares through centralized bidding trading. The repurchased shares will be used for cancellation and reduction of the company's registered capital, with a repurchase price not exceeding 23.57 yuan/share. The estimated total amount of funds for repurchase is not less than 500 million yuan and not more than 1 billion yuan, and the repurchase period is within 12 months from the date when the shareholders' meeting approved the repurchase plan. As of August 31, 2025, the company has repurchased a total of 39.1425 million shares, accounting for 0.45% of the total share capital of the company, with a repurchase price range of 15.05 yuan/share to 15.43 yuan/share, and a total fund used of 596 million yuan.
Latest