As of April 19, the plan showed that 50 companies had been listed in April, and the data of repurchase of A-Shares had continued. From the perspective of the purpose of share repurchase, it is mainly used for employee stock ownership plan or equity incentive plan. From the perspective of repurchase purpose, many companies say that repurchase is to maintain the share price of the secondary market and be optimistic about the long-term development of the company.
intensive disclosure repurchase plan
According to the statistics of the reporter of China Securities Journal, the above 50 listed companies are expected to repurchase a total of 574 million shares. According to the upper limit of repurchase price, the total amount to be repurchased will reach 12.166 billion yuan Yunnan Baiyao Group Co.Ltd(000538) , Zhejiang Supor Co.Ltd(002032) , Sanan Optoelectronics Co.Ltd(600703) , Shenzhen Sunlord Electronics Co.Ltd(002138) , Weifu High-Technology Group Co.Ltd(000581) , Shunfa Hengye Corporation(000631) and other companies have the highest planned repurchase amount.
Red Star Macalline Group Corporation Ltd(601828) 4 disclosed the announcement of the plan of repurchasing the company’s A-Shares by means of centralized bidding transaction on the evening of April 24. The announcement shows that the company plans to use its own or self raised funds of no less than 150 million yuan and no more than 300 million yuan (including this amount) to repurchase the company’s A-share shares at a repurchase price of no more than 11.04 yuan / share. All the shares repurchased this time will be used for the company’s employee stock ownership plan or equity incentive plan.
For the purpose of repurchase, Red Star Macalline Group Corporation Ltd(601828) said that it is mainly based on the confidence in the sustainable development of the company and the recognition of the internal investment value, in order to safeguard the interests of the majority of investors, further establish and improve the company’s long-term incentive mechanism, create long-term sustainable value for shareholders, comprehensively consider the company’s recent performance in the secondary stock market, combined with the company’s operation, financial status, future profitability and other factors, The company plans to repurchase this time. As of the closing on April 25, Red Star Macalline Group Corporation Ltd(601828) shares closed at 5.64 yuan / share, with a cumulative decline of 30.46% since April.
actively implement repurchase
In addition to issuing repurchase plans, listed companies also actively implement repurchase.
Jiangsu Hengrui Medicine Co.Ltd(600276) 4 on the evening of April 25, the announcement on the initial repurchase of the company’s shares was disclosed. According to the announcement, on April 25, 2022, the Company repurchased 750000 shares for the first time through centralized bidding transaction. The repurchased shares accounted for 0.01% of the total share capital of the company. The highest transaction price was 30.18 yuan / share, the lowest price was 29.71 yuan / share, and the total amount paid was 223852 million yuan (excluding transaction costs). This repurchase complies with the provisions of relevant laws and regulations and the company’s established share repurchase plan.
According to the repurchase plan of Jiangsu Hengrui Medicine Co.Ltd(600276) , the company plans to repurchase at a repurchase price of no more than 60.22 yuan / share (inclusive), and the total repurchase funds shall not be less than 600 million yuan and no more than 1.2 billion yuan. The repurchase period shall be within 12 months from the date when the board of directors deliberates and approves the share repurchase plan.
After some listed companies released the repurchase plan, they immediately implemented the early repurchase plan.
Shenzhen Jinjia Group Co.Ltd(002191) 4 disclosed the repurchase plan on the evening of April 18. It is planned to use its own funds to repurchase shares in the form of centralized bidding transaction. The total amount of repurchase funds shall not be less than 300 million yuan (inclusive), not more than 600 million yuan (inclusive), and the price of repurchased shares shall not exceed 18 yuan / share (inclusive). On April 21, 2022, the company implemented share repurchase by means of centralized bidding for the first time. The number of shares repurchased was 2191000, accounting for 0.15% of the company’s current total share capital. The highest transaction price was 9.4 yuan / share, the lowest transaction price was 9.06 yuan / share, and the transaction amount was 200712 million yuan (excluding transaction costs).
