GEELY AUTO (00175) Enters Share Repurchase Agreement with Morgan Stanley & Co. International plc
Stock News
Nov 18, 2025
GEELY AUTO (00175) announced that on November 18, 2025, the company entered into a share repurchase agreement with independent broker Morgan Stanley & Co. International plc. Under the agreement, the broker or its affiliates (as exchange participants defined under the Hong Kong Stock Exchange Listing Rules) will repurchase shares on the Hong Kong Stock Exchange (HKEX) for a maximum amount of HKD 2.3 billion. The repurchases will be conducted in accordance with predetermined parameters outlined in the agreement (the Repurchase Plan), with the broker (acting independently of the company and its connected persons) exercising full discretion.
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