---
title: "TSPC: As of the end of September, the share repurchase plan has not yet been implemented"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/260396960.md"
description: "TSPC has not yet implemented its share repurchase plan as of September 30, 2025. The plan was approved in April and May 2025, intending to repurchase A-shares for 25 million to 35 million yuan, with a repurchase price not exceeding 8.99 yuan per share, and a duration of no more than 12 months. The company stated that it will continue to advance based on market conditions and will disclose progress in a timely manner, reminding investors to pay attention to risks"
datetime: "2025-10-09T08:31:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260396960.md)
  - [en](https://longbridge.com/en/news/260396960.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260396960.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/260396960.md) | [繁體中文](https://longbridge.com/zh-HK/news/260396960.md)


# TSPC: As of the end of September, the share repurchase plan has not yet been implemented

On April 23 and May 21, 2025, Sinopec Shandong Taishan Petroleum Co., Ltd. held board meetings and annual shareholder meetings, respectively, to approve a plan to repurchase A-shares through centralized bidding. The company plans to use its own funds of 25 million to 35 million yuan to repurchase shares for cancellation and capital reduction, with a repurchase price not exceeding 8.99 yuan per share, and the period not exceeding 12 months from the approval of the shareholder meeting. According to the announcement, as of September 30, 2025, the company has not yet implemented this share repurchase. The company will continue to promote the plan within the repurchase period based on market conditions and its actual situation, and will disclose progress in a timely manner, reminding investors to pay attention to risks

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