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Biwin Storage buys back 1.04 million shares for 222 million yuan in first repurchase
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Biwin Storage (688525.SH) announced on September 24, 2026, that it completed its first share repurchase through centralized bidding, buying back 1,044,700 shares, representing 0.22% of total share capital. The transaction price ranged from 211.01 yuan to 214.05 yuan per share, with total payment reaching 2.22 billion yuan. The buyback program, announced on August 27, 2026, plans to repurchase between 2 billion and 2.5 billion yuan worth of shares over a one-year period ending August 26, 2027. The repurchased shares will be used to reduce the company's registered capital.
Source report
Shanghai, September 24, 2026 — Biwin Storage (688525.SH) announced today that it has completed its first share repurchase through a centralized bidding process on September 24, 2026.
Key Details of the Buyback
- Shares repurchased: 1,044,700 shares (0.22% of total share capital)
- Trading price range: RMB 211.01 to RMB 214.05 per share
- Total funds used: RMB 222 million
Buyback Plan Overview
The company's share repurchase plan, announced earlier, has a total budget of between RMB 200 million and RMB 250 million. The buyback period runs from August 27, 2026, to August 26, 2027. All repurchased shares will be used to reduce the company's registered capital.
Source
财联社Neutral / independent