Controlling Shareholder of PSBC Completes Planned Acquisition of Approximately 103 Million A-Shares

Stock News
04/09

Postal Savings Bank of China (PSBC) (01658) has announced that its controlling shareholder, China Post Group, completed a planned share purchase program. Between April 8, 2025, and April 7, 2026, the group accumulated approximately 103.05 million A-shares of the bank through the Shanghai Stock Exchange's centralized bidding system. This acquisition represents about 0.0858% of the bank's total issued ordinary shares, which amount to 120.10 billion. The total consideration for the share purchase was approximately 526 million yuan.

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