Financials, Technology, Healthcare May 11, 2022 05:17 PM (GMT+8) · EqualOcean
Ping An disclosed the latest progress of A-share repurchase in the evening. According to the transaction statement, the Company repurchased 6.6972 million a shares on May 11 at a transaction price of 44.25 ~ 44.99 yuan per share, with a total repurchase amount of about 299 million yuan. According to the previous repurchase plan of Ping An, the company plans to use its own funds of no less than RMB 5 billion and no more than RMB 10 billion to repurchase the company's A-share shares. As of May 11, 2022, Ping An of China has repurchased about 99.285 million a shares, with a total cost of more than 4.85 billion yuan. At present, China Ping An has completed the fourth repurchase after the release of the performance in the first quarter of this year, and the repurchase commitment continues to be fulfilled, demonstrating the management's confidence in the company's long-term development.