Spring Airlines Co.Ltd(601021) accumulatively repurchased 1.94 million shares to be used for employee stock ownership plan

Spring Airlines Co.Ltd(601021) 4 disclosed that as of the announcement date, the company has repurchased 1942800 shares, accounting for 0.21% of the current total share capital of the company, and this repurchase has been completed.

The highest price of the company's repurchase transaction is 53.46 yuan / share, the lowest price is 46.59 yuan / share, and the total amount of funds paid is 99.98 million yuan (excluding stamp duty, transaction commission and other transaction expenses).

The company said that the repurchase of shares is intended to implement the employee stock ownership plan, which can enhance market confidence, safeguard the interests of the company and investors, further improve the company's long-term incentive mechanism, effectively combine the interests of shareholders, the company and the personal interests of the core team, and promote all parties to jointly promote the healthy and sustainable development of the company.

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