Lates News

date
28/08/2025
On the morning of August 28th, Ctrip Group announced in the Hong Kong Stock Exchange that as of August 27th, 2025 Eastern Time, the company had repurchased approximately 7 million American Depositary Shares (ADS) under its authorized stock repurchase plan from February 2025, with a total consideration of about $400 million. The Board of Directors approved a new share repurchase plan in August 2025, authorizing the repurchase of up to $5 billion worth of issued common stock and/or American Depositary Shares. The share repurchase must be conducted periodically based on market conditions, applicable laws and regulations, and resolutions passed at the company's annual general meeting (if applicable). Repurchases may be made through open market purchases, private negotiated transactions, block trades, and/or other legally permitted methods at the prevailing market price at that time.