---
title: "GRAND HOLDING: Cancelled 2.3136 million repurchased shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/251169752.md"
description: "GRAND HOLDING announced that the company completed the repurchase and cancellation of shares on July 31, 2025, with the number of shares canceled accounting for 0.45% of the total share capital before cancellation. The total share capital of the company before cancellation was 509 million shares, which changed to 507 million shares after cancellation. The company plans to use the 2.3136 million repurchased shares for an employee stock ownership plan or equity incentive, but there are currently no implementation plans. This cancellation of shares will not have a substantial impact on the company's financial condition and operating results"
datetime: "2025-08-01T10:55:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/251169752.md)
  - [en](https://longbridge.com/en/news/251169752.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/251169752.md)
---

# GRAND HOLDING: Cancelled 2.3136 million repurchased shares

GRAND HOLDING announced that the company completed the repurchase and cancellation of shares on July 31, 2025, with the number of shares canceled accounting for 0.45% of the total share capital before cancellation. The total share capital of the company before cancellation was 509 million shares, which will be reduced to 507 million shares after cancellation. The company plans to use the 2.3136 million repurchased shares for an employee stock ownership plan or equity incentive, but currently, there are no implementation plans. This cancellation of shares will not have a substantial impact on the company's financial condition and operating results

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