Dazhong Mining announced on September 11 that as of September 9, the company had repurchased a total of 14.5036 million shares through a dedicated securities account using centralized bidding, accounting for 0.95% of its current total share capital, with a transaction amount of approximately 400 million yuan. This share repurchase has been completed in accordance with the established plan. Previously, on July 2, the company held the 27th meeting of its sixth board of directors, which reviewed and approved the share repurchase plan, agreeing to use its own funds and special loan funds for share repurchases through centralized bidding, for employee stock ownership plans, equity incentives, or conversion of convertible corporate bonds issued by the company. The plan set the total repurchase amount at no less than 400 million yuan and no more than 800 million yuan, with a repurchase price not exceeding 53 yuan per share, and a repurchase period of 12 months from the date the board approved the plan. In the actual repurchase, the highest transaction price was 30.27 yuan per share and the lowest was 24.71 yuan per share.
Inner Mongolia Dazhong Mining Co LtdDazhong Mining completed its 400 million yuan share repurchase plan, buying back 14.5036 million shares.
