Luopute announced the early termination of its buyback share sale plan and intends to change the use of the 884,456 unsold buyback shares to cancellation in order to reduce registered capital. The company held a board meeting on August 11, 2026, and approved the relevant proposals, among which the change of use and cancellation still require shareholder meeting approval. Previously, the company had repurchased a total of 2,717,970 shares. As of the termination date, 1,833,514 shares had been sold, with a total transaction value of approximately 29.9976 million yuan. The unsold portion of 884,456 shares is planned for cancellation. Upon completion, total share capital will decrease from 185,438,042 shares to 184,553,586 shares. The company stated that this move aims to optimize the share capital structure, stabilize market expectations, and enhance per-share returns, while the funds recovered from the sold shares will be used for the development of its main business.
ROPEOK Technology Group Co LtdPlans to cancel unsold buyback shares to reduce capital, aiming to boost per-share returns and stabilize expectations.
