Green Tea Group Limited (6831) has approved a repurchase mandate allowing the buyback of up to 67,345,480 shares, equivalent to 10% of the total shares in issue as of June 26, 2025. The board resolution dated December 4, 2025, caps the aggregate purchase price at no more than RMB130 million and authorizes the repurchase period until the earliest of the next annual general meeting, the expiration of the lawful holding period, or any revocation of the mandate.
According to the newly authorized plan, the proposed repurchases will be financed by internal resources (excluding net proceeds from the global offering), with acquired shares to be canceled or held in treasury. Management believes the move may enhance share value and reflects its confidence in the company’s long-term prospects. The timing, volume, and pricing of any repurchase remain subject to market conditions and will be at the board’s discretion, in accordance with the rules and regulations governing share buybacks.
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