Zhuzhou CRRC Times Electric (03898) Announces Share Repurchases and Maintains 489.04 Million Issued Shares

Bulletin Express02-24 17:02

Zhuzhou CRRC Times Electric Co., Ltd. (03898) released a Next Day Disclosure Return dated 24 February 2026. The announcement shows that the total number of issued H shares remained at 489.04 million as of 24 February 2026, with no net change to the outstanding share count.

Between 10 February and 24 February 2026, the company repurchased an aggregate of 283,900 shares, representing approximately 0.06% of its issued shares. The repurchase prices ranged from HKD 42.71 to HKD 44.17 per share. These repurchased shares were designated for cancellation but had not yet been cancelled as of 24 February 2026.

Under the repurchase mandate approved on 27 June 2025, the company is authorized to repurchase up to 48.90 million shares. As required by relevant regulations, new share issuances are restricted until 26 March 2026 following the latest repurchase transaction.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment