ZTE (00763) Has Not Yet Executed Share Repurchase

Stock News02-03 18:54

ZTE Corporation (00763) announced that its 17th meeting of the 10th Board of Directors, held on December 12, 2025, reviewed and approved the "Proposal on Repurchasing the Company's A-Shares via Centralized Bidding." The board agreed for the company to use its own funds to repurchase its A-shares through centralized bidding transactions, with the repurchased shares intended for the company's employee stock ownership plan or equity incentive schemes. The total repurchase amount will be no less than RMB 1 billion and no more than RMB 1.2 billion (both figures inclusive), with a repurchase price not exceeding RMB 63.09 per share. As of January 31, 2026, the company has not yet implemented this share repurchase.

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The total repurchase amount will be no less than RMB 1 billion and no more than RMB 1.2 billion (both figures inclusive), with a repurchase price not exceeding RMB 63.09 per share. 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