Chinese firms announce share buybacks on Oct 16

Briefing by News4U · First published

Several listed companies disclosed A-share and Hong-Kong share repurchases totaling hundreds of millions of yuan or Hong Kong dollars.

On October 16, Midea Group spent 130 million yuan to repurchase 1.5359 million A-shares, while CATL spent 61.0192 million yuan to buy back 222,000 A-shares. [2] [3]

On the same day, China Resources Enterprise spent HK$702,500 to repurchase 228,000 shares, China Want Want spent HK$8.887 million to repurchase 3.1 million shares, J&T Express-W spent about HK$15.8443 million to repurchase 1.71 million shares, Nayuki spent about HK$699,900 to repurchase 1 million shares, and Xiaomi Group-W spent about HK$50.7701 million to repurchase 1.9 million shares. [4] [5] [6] [7] [8]

Separately, Montage Technology’s independent director proposed a 300-500 million yuan A-share buyback program within three months for employee share plans. [1]

Sources

  1. 快讯

    Wall Street CN · · Full text

  2. 美的集团于10月16日斥资1.3亿元回购153.59万股A股

    Sina Finance · · Full text

  3. 宁德时代于10月16日斥资6101.92万元回购22.2万股A股

    Sina Finance · · Full text

  4. 中国波顿于10月16日斥资70.25万港元回购22.8万股

    Sina Finance · · Full text

  5. 中国旺旺于10月16日斥资888.7万港元回购310万股

    Sina Finance · · Full text

  6. 极兔速递-W于10月16日耗资约1584.43万港元回购171万股

    Sina Finance · · Full text

  7. 奈雪的茶于10月16日斥资约69.99万港元回购100万股

    Sina Finance · · Full text

  8. 小米集团-W于10月16日斥资约5077.01万港元回购190万股

    Sina Finance · · Full text

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