GUANGSHEN RAIL to Initiate Share Buyback Using Internal Funds

Stock News
Apr 29

GUANGSHEN RAIL (00525) announced that on April 29, 2026, its board of directors approved a proposal to repurchase the company's A-shares through centralized bidding. The move, aimed at safeguarding corporate value and shareholder interests, reflects the company's confidence in its sustainable growth and intrinsic worth. The repurchase will be funded entirely from the company's own capital, with all bought-back shares to be canceled, resulting in a reduction of registered capital. Based on a maximum repurchase price of 4.62 yuan per share and a total repurchase amount of 100 million yuan, approximately 21.645 million shares are expected to be repurchased, representing about 0.31% of the company's total share capital. The final number of shares repurchased will depend on the actual quantity bought by the end of the repurchase period. The maximum repurchase price per share shall not exceed 150% of the average trading price of the company's A-shares over the 30 trading days prior to the board's resolution.

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