On September 2, Guangxi Hechi Chemical (000953.SZ) announced that as of August 31, 2024, the company had repurchased 878,100 shares of stocks through a special securities account for share repurchase, accounting for 0.24% of the total share capital of the company. The highest fill price for the purchased shares was 2.64 yuan per share, and the lowest fill price was 2.47 yuan per share. The total transaction amount was 2,239,646.00 yuan (excluding transaction costs). The implementation of the share repurchase by the company complies with the relevant laws and regulations and is in accordance with the established plan.
As of September 2, 2024, the closing price of the company's stocks was 3.39 yuan per share, which is higher than the maximum limit of 3 yuan per share set in the share repurchase plan. The share repurchase plan faces uncertainties and risks due to the continuous exceedance of the stock price over the repurchase price limit within the repurchase period, resulting in the inability to smoothly implement the repurchase plan or only partial implementation.
