S.F. Holding (06936) announced that it completed the first phase of the RMB for 2024 on April 26, 2024...
According to a report from Zhinto Finance APP, S.F. Holding (06936) announced that after completing the first phase of its 2024 share repurchase plan for 1 billion yuan on April 26, 2024, based on confidence in future development prospects and a strong recognition of its own value, S.F. Holding Co., Ltd. (hereinafter referred to as "the Company") held the thirteenth meeting of the sixth Board of Directors on April 29, 2024, to review and approve the proposal regarding the second phase of the share repurchase plan for 2024. The total amount of funds for this repurchase will not be less than 0.5 billion yuan and not exceed 1 billion yuan. The types of shares repurchased will be the A-shares of the Company issued to the public, with a repurchase price not exceeding 51.02 yuan/share (adjusted after the implementation of equity distribution rights). The repurchase period will be within 12 months from the date the Board of Directors approves the repurchase plan.
The Company will start the share repurchase implementation on April 30, 2024. As of December 31, 2024, the Company has cumulatively repurchased 20.7714 million A-shares through a special securities account for share repurchase in a centralized bidding manner, with a total repurchase amount of approximately 0.758 billion yuan (excluding transaction fees). The number of shares repurchased accounts for 0.42% of the Company's current total share capital, with an average Fill Price of 36.49 yuan/share (the highest Fill Price was 37.88 yuan/share, and the lowest Fill Price was 33.79 yuan/share). This repurchase complies with relevant laws and regulations and aligns with the established repurchase plan.
