Bailian Group announced that as of July 31, the company had repurchased a total of 1.6187 million shares through centralized bidding, accounting for 0.09% of its total share capital, with a total transaction amount of 12.9976 million yuan. This buyback is part of the company's 100 million to 200 million yuan repurchase plan. The repurchase price cap has been adjusted to 12.33 yuan per share due to equity distribution, and the repurchase period is within 12 months after the shareholders' meeting approved the plan on June 17.
Shanghai Bailian Group Co Ltd ACompany repurchased shares, signaling confidence and supporting stock price.