Midea Group's cumulative buybacks exceed 8 billion yuan, multiple A-share companies disclose progress

Corporate Action
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Summary · why it matters

On the evening of September 2, multiple listed companies disclosed progress on share buybacks. Midea Group announced that as of August 31, the company had cumulatively repurchased 99.798 million A-shares, accounting for 1.31% of total share capital, with a total payment of 8.02 billion yuan. Wuliangye cumulatively repurchased 14.7074 million shares, accounting for 0.3789% of total share capital, with a payment of 1.101 billion yuan. Foxconn Industrial Internet cumulatively repurchased 14.0102 million shares, accounting for 0.07% of total share capital, with a transaction amount of 887 million yuan. Metallurgical Corporation of China repurchased 182 million A-shares, accounting for 0.87805% of total share capital, with a transaction amount of 509 million yuan, and also repurchased 65.815 million H-shares, accounting for 0.31808% of total share capital, with a transaction amount of 105 million Hong Kong dollars. STO Express repurchased 24.2313 million shares, accounting for 1.58% of total share capital, with an amount of 339 million yuan. Ultrapower Software repurchased 37.2511 million shares, accounting for 1.89% of total share capital, with an amount of 301 million yuan. Sungrow Power Supply repurchased 3.0476 million shares, accounting for 0.147% of total share capital, with an amount of 325 million yuan.

Impact on stocks 7

Others · 7 stocks
Midea Group Co Ltd
000333
▲ PositiveCapitalrelevance

Midea Group's cumulative buybacks exceed 8 billion yuan, a significant capital return to shareholders.

STO Express Co Ltd
002468
▲ PositiveCapitalrelevance

STO Express repurchased shares worth 339 million yuan, indicating capital return.