HuaWei Group: Plans to change the purpose of the 3,921,200 shares remaining in the repurchase dedicated securities account to "for cancellation and reduction of registered capital."

2026-04-02 23:36:21

Abstract generation in progress

Hawai Group announcement: It plans to change the purpose of 3.9212 million shares that remain unused in the dedicated securities account for share repurchases to “for cancellation and reduction of registered capital.” The company reviewed and approved the “Proposal on the Share Repurchase Plan of the Company” on August 16, 2023. The total repurchase funding amount for this repurchase is no less than RMB 500 million (inclusive) and no more than RMB 1 billion (inclusive). The repurchase price shall not exceed RMB 100 per share. The repurchased shares are used to maintain the company’s value and protect the rights and interests of shareholders. As of September 28, 2023, the company has completed this share repurchase, and the total amount paid is RMB 635 million (excluding transaction fees).

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.