Ping An Insurance Completes Share Purchase for 2026 Long-Term Service Plan

Stock News
05/21

Ping An Insurance (Group) Company of China, Ltd. (02318.HK) has announced the completion of share purchases for its 2026 Long-Term Service Plan. The purchases were executed in the secondary market, resulting in the acquisition of 73.849 million of the company's H-shares. These shares represent approximately 0.408% of the company's total issued share capital. The total transaction value amounted to RMB 4.032 billion, inclusive of fees, with an average purchase price of about RMB 54.54 per share. The funds for these purchases were sourced from the employees' allocated compensation pool.

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