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A-shares Stock Buyback Overview: 9 Companies Disclose Buyback Progress
According to Wind data, on March 26, 9 companies released a total of 9 updates related to stock buybacks. Among them, 2 companies’ shareholders proposed to buy back company shares, 2 companies disclosed their stock buyback plans for the first time, 4 companies provided updates on their stock buyback implementation, and 1 company has completed its buyback plan.
From the perspective of shareholder proposals for buyback plans, Wuchan Zhongda and Ankai Wei’s shareholders proposed to buy back no more than 400 million yuan and 25 million yuan, respectively.
Regarding the first disclosure of buyback plans, Sanquan Foods and Bai Ao Intelligent plan to buy back no more than 150 million yuan and 20 million yuan, respectively.
In terms of progress on buyback implementation, Longbai Group, Qingniao Fire Protection, and Xijie Airlines had the highest buyback amounts, with 218 million yuan, 107 million yuan, and 10.3364 million yuan, respectively.
As for completed buybacks, Longzhu Technology has completed the highest buyback amount, totaling 362,400 yuan.
Daily Economic News