Cheng De Lolo Company Limited. has recently accelerated its share repurchase progress, as shown in its latest announcements. On November 4, 2025, the company disclosed that as of October 31, it had repurchased 19.8 million shares via centralized bidding, accounting for 1.88% of its total shares. The highest repurchase price was 9.243 yuan per share, while the lowest was 8.23 yuan, with a total expenditure of 179 million yuan (excluding transaction fees).
A subsequent announcement on November 5 revealed that by November 3, the cumulative repurchased shares had increased to 25.8 million, or 2.45% of total shares. The highest price rose to 9.47 yuan per share, while the lowest remained at 8.23 yuan, totaling 235 million yuan (excluding fees).
The repurchase pace has notably quickened in the past month. Prior to this, as of September 30, Cheng De Lolo had only repurchased 3 million shares (0.29% of total shares) with a total outlay of 25.83 million yuan. From October 9 to November 3, the company repurchased 22.8 million shares (2.16% of total shares), spending over 200 million yuan. Notably, on November 3 alone, it bought back 6 million shares (0.57% of total shares) for 56.24 million yuan.
With only three trading days left before the buyback deadline, Cheng De Lolo still has significant room to fulfill its repurchase plan. The company’s buyback proposal, approved at an extraordinary shareholders’ meeting on November 11, 2024, allows for repurchasing 30–60 million shares at no more than 11.75 yuan per share, with a total cap of 705 million yuan.
To meet the minimum target of 30 million shares, Cheng De Lolo must repurchase an additional 4.2 million shares (0.40% of total shares). If it aims for the upper limit of 60 million shares, 34.2 million shares (3.25% of total shares) remain to be bought. Based on its closing price of 8.88 yuan on November 6, the required expenditure ranges from 37.3 million yuan to 303.7 million yuan.
During the accelerated buyback period, Cheng De Lolo’s stock showed relative strength, rising from 8.43 yuan on September 30 to a high of 9.47 yuan on November 3. However, recent sessions have seen weaker performance. Further large-scale repurchases in the coming days could potentially bolster the stock.
Cheng De Lolo specializes in plant-based beverages, primarily its signature "Lolo" almond milk, offering variants like original, sugar-free, and low-sugar options. The company has maintained stable earnings over the past three years, with net profits exceeding 600 million yuan annually. As of September 30, 2025, it held 3.505 billion yuan in cash reserves and boasted a trailing 12-month dividend yield of 3.37%.
Disclaimer: This content is for reference only and does not constitute trading advice. Verify information before use. Investors assume all risks.
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