China Merchants Highway announced that the company plans to use its own funds or self-raised funds to repurchase some RMB common shares through centralized bidding transactions. The total repurchase capital shall not be less than 310 million yuan and no more than 618 million yuan, and the repurchase price shall not exceed 18.1 yuan/share. According to the upper limit of the repurchase amount, the estimated number of shares to be repurchased is about 34.1436 million shares, accounting for 0.50% of the company's current total share capital; based on the lower limit of the repurchase amount, the estimated number of shares to be repurchased is about 17.1271 million shares, accounting for about 0.25% of the company's current total share capital. All of the shares repurchased will be cancelled and the registered capital of the company will be reduced accordingly. The repurchase period is within 12 months from the date the shareholders' meeting deliberates and approves the share repurchase plan.

Zhitongcaijing · 10/16 08:41
China Merchants Highway announced that the company plans to use its own funds or self-raised funds to repurchase some RMB common shares through centralized bidding transactions. The total repurchase capital shall not be less than 310 million yuan and no more than 618 million yuan, and the repurchase price shall not exceed 18.1 yuan/share. According to the upper limit of the repurchase amount, the estimated number of shares to be repurchased is about 34.1436 million shares, accounting for 0.50% of the company's current total share capital; based on the lower limit of the repurchase amount, the estimated number of shares to be repurchased is about 17.1271 million shares, accounting for about 0.25% of the company's current total share capital. All of the shares repurchased will be cancelled and the registered capital of the company will be reduced accordingly. The repurchase period is within 12 months from the date the shareholders' meeting deliberates and approves the share repurchase plan.