Shandong Nanshan Aluminium Discloses August Share Buyback Totaling 12.05 Million Shares

Deep News09-02

On September 2nd, Shandong Nanshan Aluminium Co.,Ltd. announced that during August 2026, the company repurchased a cumulative total of 12,045,400 of its shares through centralized bidding transactions. This figure represents approximately 0.10% of the company's total share capital.

According to the announcement, the highest price paid for the repurchased shares was RMB 4.96 per share, while the lowest price was RMB 4.66 per share. The total funds deployed for this buyback amounted to RMB 57,834,052.00 (excluding transaction fees).

The buyback activity underscores the company's ongoing commitment to returning value to its shareholders and optimizing its capital structure.

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