---
title: "HIT: Has repurchased 2.3988 million shares, using a total of RMB 51.0671 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233879299.md"
description: "On June 17, 2024, HIT's board of directors approved a share repurchase plan, intending to use between 50 million to 100 million yuan to repurchase shares. As of March 31, 2025, 2.3988 million shares have been repurchased, accounting for 1.0137% of the total share capital, with repurchase prices ranging from 19.13 yuan to 22.81 yuan, totaling 51.0671 million yuan in funds used. The company will continue to implement the repurchase based on market conditions and fulfill its information disclosure obligations"
datetime: "2025-03-31T11:50:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233879299.md)
  - [en](https://longbridge.com/en/news/233879299.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233879299.md)
generator: "portal-rs"
---

# HIT: Has repurchased 2.3988 million shares, using a total of RMB 51.0671 million

HIT announced that the company's board of directors approved a share repurchase plan on June 17, 2024, intending to repurchase shares with funds ranging from 50 million to 100 million yuan through centralized bidding. The repurchased shares will be used for employee stock ownership plans or equity incentive plans. As of March 31, 2025, the company had repurchased a total of 2.3988 million shares, accounting for 1.0137% of the company's total share capital, with a repurchase price range of 19.13 yuan/share to 22.81 yuan/share, and a total expenditure of 51.0671 million yuan. This repurchase complies with relevant laws and regulations and the company's repurchase plan. The company will continue to implement the repurchase based on market conditions and fulfill its information disclosure obligations in a timely manner

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