---
title: "HIT: Repurchased 2,398,800 shares of the company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/244851727.md"
description: "HIT decided to repurchase 2.3988 million shares on June 17, 2024, through a board review, planning to use 50 million to 100 million yuan of its own funds, with the repurchase period ending on June 17, 2025. The repurchased shares account for 1.0137% of the company's total share capital, with a maximum transaction price of 22.81 yuan/share, a minimum transaction price of 19.13 yuan/share, and a total payment amount of 51.0671 million yuan. The repurchased shares will be used for employee stock ownership plans or equity incentives, in compliance with relevant laws and regulations, and will not have a significant adverse impact on the company's operations and finances"
datetime: "2025-06-17T08:23:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/244851727.md)
  - [en](https://longbridge.com/en/news/244851727.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/244851727.md)
generator: "portal-rs"
---

# HIT: Repurchased 2,398,800 shares of the company

HIT announced that on June 17, 2024, the company's board of directors approved a share repurchase plan, intending to repurchase shares using self-owned funds ranging from 50 million to 100 million yuan through centralized bidding. This is for the employee stock ownership plan or equity incentive. As of June 17, 2025, when the repurchase period expires, the company has repurchased a total of 2.3988 million shares, accounting for 1.0137% of the company's total share capital, with a highest transaction price of 22.81 yuan/share and a lowest transaction price of 19.13 yuan/share, totaling 51.0671 million yuan. This repurchase complies with relevant laws and regulations and the company's plan, and will not have a significant adverse impact on the company's production, operation, and finances. The repurchased shares will be used for future equity incentives or employee stock ownership plans

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