HANGZHOU TOKA: Disclosed the progress of the concentrated bidding reduction of repurchased shares, having reduced by 0.47%

Zhitong
2025.11.03 07:56

HANGZHOU TOKA announced that from February 6 to April 30, 2024, the company repurchased a total of 7.5634 million shares, accounting for 1.78% of the total share capital. On September 26, 2025, the company disclosed a reduction plan, intending to reduce no more than 4.2417 million shares within three months, accounting for 1% of the total share capital. As of October 31, the company has reduced 1.9889 million shares, accounting for 0.47% of the total share capital, with an average reduction price of 8.18 yuan/share, totaling 16.2637 million yuan. This reduction is consistent with the plan and will not have a significant impact on the company, but due to rules and market factors, it may not be possible to complete the reduction as planned

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