Ping An completes RMB 637.36 million A-share purchase for 2026 employee incentive plan

Bulletin Express
05/26

Ping An Insurance (Group) Company of China, Ltd. announced the completion of its 2026 Key Employee Share Purchase Plan, acquiring 11.24 million A shares—equivalent to 0.062 % of the insurer’s total share capital—through secondary-market transactions.

The aggregate consideration reached RMB 637.36 million, translating to an average purchase price of approximately RMB 56.70 per share. Funding derived entirely from participating employees’ remuneration and performance-based bonuses, with no use of corporate funds.

A total of 2,282 employees took part in the plan. Directors and senior management subscribed for 2.57 million shares, representing 22.88 % of the plan’s total, while other employees purchased 8.67 million shares, or 77.12 %.

All shares acquired are subject to a 12-month lock-up running from 27 May 2026 to 26 May 2027. Final vesting after the lock-up will depend on the achievement of predefined performance targets, in line with the plan’s terms.

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