---
title: "WALRUS: Adjusting the upper limit of the share repurchase price from RMB 21.4 per share to RMB 35 per share"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277749562.md"
description: "WALRUS announced that, given the company's stock price has recently remained above the upper limit of the repurchase price, in order to ensure the smooth implementation of the share repurchase plan, the upper limit of the repurchase price will be adjusted from RMB 21.40 per share to RMB 35 per share. This upper limit does not exceed 150% of the average trading price of the stock over the thirty trading days prior to the board resolution. The effective date for the adjustment of the upper limit of the repurchase price is March 5, 2026. Other contents of the repurchase plan remain unchanged. Based on the upper limit of the repurchase amount of RMB 50 million and the upper limit of the repurchase price of RMB 35 per share, it is estimated that approximately 1.4286 million shares can be repurchased, accounting for about 1.39% of the company's total share capital; based on the lower limit of the repurchase amount of RMB 25 million and the upper limit of the repurchase price of RMB 35 per share, it is estimated that approximately 714,300 shares can be repurchased, accounting for about 0.7% of the company's total share capital"
datetime: "2026-03-04T08:43:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277749562.md)
  - [en](https://longbridge.com/en/news/277749562.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277749562.md)
---

# WALRUS: Adjusting the upper limit of the share repurchase price from RMB 21.4 per share to RMB 35 per share

On March 4th, Jinshi Data reported that WALRUS announced that, given the company's stock price has recently remained above the upper limit of the repurchase price, in order to ensure the smooth implementation of the share repurchase plan, the upper limit of the repurchase price will be adjusted from RMB 21.40 per share to RMB 35 per share. This upper limit does not exceed 150% of the average trading price of the stock over the thirty trading days prior to the board resolution. The adjustment of the upper limit of the repurchase price will take effect on March 5, 2026. Other contents of the repurchase plan remain unchanged. Based on the upper limit of the repurchase amount of RMB 50 million and the upper limit of the repurchase price of RMB 35 per share, it is estimated that approximately 1.4286 million shares can be repurchased, accounting for about 1.39% of the company's total share capital; based on the lower limit of the repurchase amount of RMB 25 million and the upper limit of the repurchase price of RMB 35 per share, it is estimated that approximately 714,300 shares can be repurchased, accounting for about 0.7% of the company's total share capital

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