ZTE Has Not Yet Executed Share Buyback as of End-February

Stock News03-03 19:36

ZTE (00763) announced that its board of directors approved a proposal on December 12, 2025, to repurchase the company's A-shares through centralized bidding. The plan authorizes the use of the company's own funds to buy back shares for employee stock ownership or equity incentive programs. The total repurchase amount is set between RMB 1 billion and RMB 1.2 billion, with a maximum price per share of RMB 63.09. The buyback period spans 12 months from the date of board approval. As of February 28, 2026, the company has not yet carried out the share repurchase.

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