Haian Rubber Grp Co LtdCompany completes first tranche of share buyback plan, signaling confidence and returning capital to shareholders.

Hai'an Group has completed its first share buyback, repurchasing 142,000 shares, representing 0.08% of the company's total share capital, for a total transaction amount of 6.1144 million yuan. The buyback was conducted through centralized bidding, with the highest transaction price per share at 43.35 yuan, the lowest at 42.68 yuan, and an average transaction price of approximately 43.06 yuan. According to the buyback plan previously approved by the board of directors, the total buyback amount is not less than 50 million yuan and not more than 100 million yuan, the buyback price does not exceed 71.04 yuan per share, and the buyback period is no more than three months from the date the plan was approved. The company stated that it will continue to advance the plan within the buyback period and fulfill its information disclosure obligations in a timely manner.
Haian Rubber Grp Co LtdCompany completes first tranche of share buyback plan, signaling confidence and returning capital to shareholders.