---
title: "HANGZHOU TOKA: Disclosed the progress of the concentrated bidding reduction of repurchased shares, having reduced by 0.47%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263960794.md"
description: "HANGZHOU TOKA announced that from February 6, 2024, to April 30, the company will repurchase 7.5634 million shares, accounting for 1.78% of the total share capital. On September 26, 2025, the company plans to reduce its holdings by no more than 4.2417 million shares within 3 months, accounting for 1% of the total share capital. As of October 31, 198.89 million shares have been reduced, accounting for 0.47% of the total share capital, with an average reduction price of 8.18 yuan/share, totaling 16.2637 million yuan. This reduction is consistent with the plan and is expected to have no significant impact on the company"
datetime: "2025-11-03T07:56:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263960794.md)
  - [en](https://longbridge.com/en/news/263960794.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263960794.md)
---

# HANGZHOU TOKA: Disclosed the progress of the concentrated bidding reduction of repurchased shares, having reduced by 0.47%

HANGZHOU TOKA announced that from February 6 to April 30, 2024, the company repurchased a total of 7.5634 million shares, accounting for 1.78% of the total share capital. On September 26, 2025, the company disclosed a reduction plan, intending to reduce no more than 4.2417 million shares within three months, accounting for 1% of the total share capital. As of October 31, the company has reduced 1.9889 million shares, accounting for 0.47% of the total share capital, with an average reduction price of 8.18 yuan/share, totaling 16.2637 million yuan. This reduction is consistent with the plan and will not have a significant impact on the company, but due to rules and market factors, it may not be possible to complete the reduction as planned

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