Shanghai-listed companies have implemented more than 32.6 billion yuan in buybacks in October, with dividends and shareholding increases also advancing in tandem.
Since October, in the face of market adjustments, Shanghai Stock Exchange-listed companies have conveyed market confidence through buybacks, increases in holdings, and dividends. In October, 714 SSE-listed companies cumulatively disclosed 1,019 announcements regarding increases in holdings, buybacks, and various positive developments, including 98 new instances of increases in holdings and buybacks, with a total upper limit amount of 16.507 billion yuan. According to statistics, since the beginning of this year, the SSE Main Board has newly disclosed 376 instances of increase-in-holding and buyback plans, with a total upper limit amount of 96.6 billion yuan; the STAR Market has newly disclosed 180 instances of buyback and increase-in-holding plans, with a total upper limit amount of 23.833 billion yuan.
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