TCL Zhonghuan Buys Back 400 Million Yuan of Company Shares

北京商报··CN·Read original
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TCL Zhonghuan disclosed that as of October 9, the company had cumulatively repurchased 42.4021 million shares through a dedicated repurchase securities account using centralized bidding, accounting for 1.05 percent of its current total share capital. The highest transaction price was 9.69 yuan per share, the lowest was 9.15 yuan per share, and the total transaction amount was 400 million yuan, excluding transaction fees. Previously, on September 28, 2026, TCL Zhonghuan convened the 26th meeting of its seventh board of directors, which reviewed and approved a proposal on the company's share repurchase plan. The plan was to repurchase part of the company's issued shares through the Shenzhen Stock Exchange trading system by centralized bidding, with a total repurchase amount of no less than 400 million yuan and no more than 500 million yuan, and a repurchase price of no more than 14.11 yuan per share. The shares repurchased this time are intended for employee stock ownership plans and or equity incentives, and the implementation period for the repurchase is within 12 months from the date the board of directors approves the repurchase plan.

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