Weichai Power: has repurchased 39.1425 million shares, with a total amount of funds used of 596 million yuan.

date
04/09/2025
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.