SIMCERE PHARMA plans to repurchase shares

Zhitong
2025.08.21 13:28
portai
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SIMCERE PHARMA announced plans to repurchase up to 247 million shares, accounting for 10% of the issued shares. The board of directors decided to exercise the repurchase authorization on August 21, 2025, planning to repurchase in the open market for a total amount not exceeding 500 million RMB. The board stated that this move reflects confidence in the company's business prospects and will create value for shareholders, while the company has sufficient financial resources to maintain a sound financial condition