CHINA EAST AIR (00670) Completes Share Buyback, Repurchases 203.56 Million Shares

Stock News
Nov 10

CHINA EAST AIR (00670) announced that as of the disclosure date of this announcement, the company's share repurchase period has concluded. During the repurchase period, the company cumulatively repurchased 203.56 million shares, accounting for 0.9132% of the total shares prior to the buyback.

The breakdown includes 89.55 million A-shares, representing 0.4017% of the company's current total shares. The highest repurchase price was RMB 4.10 per share, while the lowest was RMB 3.53 per share, with a total transaction value of RMB 336.80 million (excluding fees).

Additionally, 114.01 million H-shares were repurchased, making up 0.5114% of the company's current total shares. The highest repurchase price for H-shares was HKD 3.03 per share, and the lowest was HKD 2.26 per share, totaling HKD 311.35 million (excluding fees).

The actual repurchase amount exceeded the lower limit of the total repurchase funds, and the execution was consistent with the originally disclosed buyback plan. The company has successfully completed the repurchase as per the disclosed scheme.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10