The first repurchase and cancellation of shares was
Posted: Tue Feb 18, 2025 6:13 am
In many communications with investors, Moutai’s management expressed confidence in achieving its fullyear growth target.
In the first three quarters of this year, Kweichow Moutai achieved operating income of . billion yuan, a yearonyear increase of .; net profit attributable to shareholders of the parent was . billion yuan, a yearonyear increase of ..
Kweichow Moutai 's performance guidance basically met market expectations, and the company's revenue growth rate also achieved the target of .
On January , Kweichow Moutai repurchased , shares for the first time singapore phone number list through centralized bidding transactions. The repurchased shares accounted for . of the company's total share capital. The highest purchase price was ,. yuan per share and the lowest price was ,. yuan per share. The total amount paid was approximately million yuan, accounting for approximately of the repurchase amount.
Previously on December , Kweichow Moutai disclosed the "Repurchase Report on the Repurchase of the Company's Shares through Centralized Bidding Transactions", intending to use its own funds to repurchase shares through centralized bidding transactions for the purpose of canceling and reducing registered capital. The repurchase price shall not exceed ,. yuan per share inclusive, and the repurchase amount shall be billion to billion yuan.
It is worth noting that this is the first time that Kweichow Moutai has implemented a cancellationstyle repurchase in its years of listing.
In the first three quarters of this year, Kweichow Moutai achieved operating income of . billion yuan, a yearonyear increase of .; net profit attributable to shareholders of the parent was . billion yuan, a yearonyear increase of ..
Kweichow Moutai 's performance guidance basically met market expectations, and the company's revenue growth rate also achieved the target of .
On January , Kweichow Moutai repurchased , shares for the first time singapore phone number list through centralized bidding transactions. The repurchased shares accounted for . of the company's total share capital. The highest purchase price was ,. yuan per share and the lowest price was ,. yuan per share. The total amount paid was approximately million yuan, accounting for approximately of the repurchase amount.
Previously on December , Kweichow Moutai disclosed the "Repurchase Report on the Repurchase of the Company's Shares through Centralized Bidding Transactions", intending to use its own funds to repurchase shares through centralized bidding transactions for the purpose of canceling and reducing registered capital. The repurchase price shall not exceed ,. yuan per share inclusive, and the repurchase amount shall be billion to billion yuan.
It is worth noting that this is the first time that Kweichow Moutai has implemented a cancellationstyle repurchase in its years of listing.