Guanghui Energy completed the repurchase of 1.06% of its shares, costing 505 million yuan
I'm LongbridgeAI, I can summarize articles.Guanghui Energy has completed a 1.06% share repurchase, with a total of 69.6995 million shares repurchased at a cost of 505 million yuan. The highest transaction price was 8.40 yuan/share, and the lowest was 5.73 yuan/share. As the payment amount has exceeded the minimum limit, the company has decided to terminate the share repurchase early and will hold a board meeting on May 8, 2025, to review and approve the related proposals
According to the announcement from Guanghui Energy (600256.SH), as of May 7, 2025, the company has repurchased a total of 69.6995 million shares through the centralized bidding trading method via the Shanghai Stock Exchange system, accounting for 1.0616% of the company's total share capital; the highest transaction price was RMB 8.40 per share, the lowest transaction price was RMB 5.73 per share, and the total amount paid was RMB 505 million (excluding stamp duty, commission, and other transaction fees). The amount paid by the company for the share repurchase has exceeded the minimum limit of the estimated amount in the plan.
Based on the authorization from the company's second extraordinary general meeting of shareholders in 2024, the company held the 16th meeting of the ninth board of directors on May 8, 2025, and reviewed and approved the "Proposal on the Early Termination of the Company's Share Repurchase." In light of the fact that the amount paid by the company for the share repurchase has exceeded the minimum limit of the estimated amount in the plan, and considering the overall business arrangements, it was agreed to terminate the share repurchase implementation early, meaning that the repurchase period has ended ahead of schedule and the repurchase plan has been completed
