---
title: "XUEDA: Plans to repurchase shares for 110 million to 150 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228856957.md"
description: "XUEDA announced plans to repurchase shares for between 110 million and 150 million yuan, with a repurchase price not exceeding 66.8 yuan per share. The repurchased shares will be used for equity incentives and/or cancellation, with a priority for cancellation, amounting to 60 million yuan. The expected number of shares to be repurchased is between 1.6467 million and 2.2455 million shares, accounting for 1.34% to 1.82% of the total share capital. The repurchase period is no more than 12 months from the date of approval by the shareholders' meeting, with funding sourced from the company's own funds and/or self-raised funds"
datetime: "2025-02-19T12:38:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228856957.md)
  - [en](https://longbridge.com/en/news/228856957.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228856957.md)
generator: "portal-rs"
---

# XUEDA: Plans to repurchase shares for 110 million to 150 million yuan

XUEDA announced that the company plans to repurchase shares with funds not less than 110 million yuan and not exceeding 150 million yuan, with a repurchase price not exceeding 66.8 yuan per share. All repurchased shares will be used for equity incentives and/or cancellation, with priority given to cancellation, amounting to 60 million yuan. The expected number of repurchased shares is between 1.6467 million and 2.2455 million shares, accounting for 1.34% to 1.82% of the company's total share capital. The repurchase period is no more than 12 months from the date of approval by the shareholders' meeting, with funding sourced from the company's own funds and/or self-raised funds

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**