---
title: "FRIEND: Expected to repurchase shares worth 40 million to 80 million yuan, has cumulatively spent 32.6576 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263962020.md"
description: "FRIEND announced plans to repurchase shares from December 24, 2024, to December 23, 2025, with an expected repurchase amount of 40 million to 80 million yuan, and the upper limit of the repurchase price adjusted to no more than 25.21 yuan per share. So far, 2.5491 million shares have been repurchased, with a total expenditure of 32.6576 million yuan"
datetime: "2025-11-03T08:06:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263962020.md)
  - [en](https://longbridge.com/en/news/263962020.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263962020.md)
---

# FRIEND: Expected to repurchase shares worth 40 million to 80 million yuan, has cumulatively spent 32.6576 million yuan

FRIEND announced that the company plans to repurchase shares using its own funds and bank stock repurchase special loans ranging from 40 million to 80 million yuan from December 24, 2024, to December 23, 2025, through centralized bidding transactions, for the purpose of equity incentives or employee stock ownership plans. The upper limit of the repurchase price has been adjusted from no more than 14.68 yuan/share to no more than 25.21 yuan/share. In October 2025, the company repurchased 50,000 shares, accounting for 0.0101% of the total share capital, at a cost of 700,000 yuan. As of October 31, a total of 2.5491 million shares have been repurchased, accounting for 0.5172% of the total share capital, with a cumulative expenditure of 32.6576 million yuan

### Related Stocks

- [605050.CN](https://longbridge.com/en/quote/605050.CN.md)

## Related News & Research

- [ZAWYA: Al Habtoor Tower: Dubai's boldest residential project yet](https://longbridge.com/en/news/287051508.md)
- [Oura ring maker files confidentially to go public in US](https://longbridge.com/en/news/287251870.md)
- [02:10 ETNotice to attend the Annual General Meeting in Minesto AB](https://longbridge.com/en/news/287165929.md)
- [Finsbury Growth & Income Trust Director Reinvests Dividends into Company Shares](https://longbridge.com/en/news/286940848.md)
- [UPI changed how India pays; it can drive the future of borrowing](https://longbridge.com/en/news/286677065.md)