Yao Ming Kangde announced earlier this morning that it plans to repurchase shares for 1 billion yuan; Sany Heavy Industries announced on January 31 that the chairman proposed a repurchase amount of not less than RMB 600 million.
Financial Services Association, Feb. 2: Last night, more than 300 listed companies announced repurchases and increased holdings. According to statistics, nearly 500 listed companies have made repurchases since this year, and the repurchase plans of more than 400 listed companies are being implemented. What is interesting is that the chairmen of more than 20 listed companies have publicly “shouted”: they are optimistic about the development of the industry and the company itself, and have proposed major buybacks. Among them, Ningde Times announced yesterday that as of January 31, it had repurchased a total of 1.7 billion yuan; Yao Ming Kangde announced earlier this morning that it plans to repurchase shares for 1 billion yuan; and Sany Heavy Industries announced on January 31 that the chairman proposed a repurchase amount of not less than RMB 600 million.
Ningde era: cumulative repurchases of 1.7 billion yuan, transaction price was 146.31-181.16 yuan/share
Ningde Times issued a progress announcement on the repurchase of the company's shares. As of January 31, 2024, the company has repurchased a total of 10,367,912 shares through the Shenzhen Stock Exchange stock trading system, accounting for 0.2357% of the company's current total share capital. The highest transaction price was 181.16 yuan/share, the minimum transaction price was 146.31 yuan/share, and the total transaction amount was RMB 1.7 billion (excluding transaction fees).
Yao Ming Kang De: Plans to buy back shares for 1 billion yuan
Yao Ming Kangde announced that it plans to repurchase shares for 1 billion yuan. All of the shares repurchased will be cancelled and the registered capital reduced. The price of the repurchased shares will not exceed RMB 100.9 per share (inclusive).
Sany Heavy Industries: The total capital to repurchase shares shall not be less than RMB 600 million, not more than RMB 1 billion
On January 31, 2024, the board of directors of Sany Heavy Industries received a “Letter on Proposal to Repurchase the Company's Shares” from Wenbo, the chairman of the company, and proposed to Wenbo that the company use its own funds to repurchase some of the company's issued RMB common shares (A shares) through centralized bidding transactions. Specifically, the total capital for the repurchase of shares is not less than RMB 600 million, not more than RMB 1 billion. The price of the repurchased shares is no more than RMB 18 per share, and the upper price limit does not exceed 150% of the average trading price of the company's shares in the 30 trading days before the board of directors deliberated and approved the repurchase decision.