Goldwind Science & Technology Announces Up to 500 Million Yuan Share Buyback Plan

Stock News04-29

Goldwind Science & Technology Co., Ltd. (02208) has disclosed plans to repurchase a portion of its A-shares using self-owned capital through centralized bidding. The repurchased shares will be canceled, leading to a reduction in the company's registered capital. Based on a maximum repurchase amount of 500 million yuan (inclusive) and a maximum repurchase price of 39.84 yuan per share (inclusive), the company expects to buy back approximately 12.55 million shares, representing about 0.30% of its current total share capital. Under the minimum repurchase amount of 300 million yuan (inclusive) and the same maximum repurchase price, the estimated repurchase volume would be around 7.53 million shares, or roughly 0.18% of the total share capital. The final number of shares repurchased will depend on the actual quantity acquired upon completion of the buyback program.

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