Weichai Power: Plans to buy back company shares worth 500 million to 1 billion yuan, at a repurchase price not exceeding 23.57 yuan per share.
On June 3, Weichai Power announced that it plans to repurchase company shares through centralized competitive trading, with a total repurchase amount of no less than 500 million yuan and no more than 1 billion yuan. The repurchase price will not exceed 23.57 yuan per share. The repurchased shares will be used to cancel and reduce the company's registered capital. The repurchase period is within 12 months from the date of the approval of the shareholders' meeting on the repurchase plan.
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