Summary by Moomoo AI
On 8 May 2024, Ford Glass Group Co., Ltd. (“Walt Glass”) repurchased 957,900 shares of Company A shares for the first time, representing 0.04% of the total issued share, through a centralized tender offer on the Shanghai Stock Exchange. The repurchase is based on the repurchase plan approved by the Board on 23 February 2024 and announced on the Shanghai Stock Exchange website on 2 March. The total amount of repurchase capital is between RMB 30,000 and RMB 60,000 million, and the repurchase price does not exceed RMB 30/share. This repurchase is primarily used for employee shareholding schemes or equity incentives, with a repurchase period of no more than 6 months from the date of adoption of the plan. As of now, the total amount of shares repurchased is RMB 2,499.8095 million, with an actual repurchase price range of RMB25.94 to RMB26.25/share.