Midea Group Spends RMB 145.70 Million to Repurchase 2.01 Million A-Shares for Incentive Plans

Bulletin Express17:24

Midea Group Co., Ltd. disclosed a next-day return showing the on-market repurchase of 2.01 million A-shares on 30 March 2026 via the Shenzhen Stock Exchange to support its employee stock-based incentive and ownership schemes.

The shares were bought at prices ranging from RMB 72.30 to RMB 72.71, with a volume-weighted average cost of RMB 72.43 per share. Total consideration amounted to RMB 145.70 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) fell 0.03 % to 6.872 billion shares. Treasury stock increased to 80.41 million shares, while the total number of issued shares remained unchanged at 6.95 billion.

Midea confirmed that the repurchase was authorised by its board and complied with all applicable listing rules, domestic regulations and disclosure requirements. All repurchased shares are being held as treasury stock; none have been cancelled as of the reporting date.

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