Securities Code: 002026 Securities Abbreviation: Shandong Weida Announcement No.: 2026-020 Shandong Weida Machinery Co., Ltd. Announcement on the Progress of Company Share Repurchase The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions. Shandong Weida Machinery Co., Ltd. (hereinafter referred to as the "Company") held the eighth meeting of the tenth Board of Directors on April 18, 2026, and reviewed and approved the "Proposal on the Company's Share Repurchase Plan." The Company agreed to use its own funds or raised funds to repurchase a portion of the Company's issued RMB common shares (A-shares) through centralized bidding. The repurchased shares will be used for the implementation of employee s
002026SZSE
Announcement on the Progress of Company Share Repurchase
✨ AI Summary
Shandong Weida Machinery Co., Ltd. announces the progress of its share repurchase plan. The company has not yet implemented any share repurchases as of April 30, 2026, with preparatory work underway. The repurchase plan, approved on April 18, 2026, aims to use company funds to buy back A-shares for employee stock ownership and equity incentive plans. The total repurchase amount is between RMB 30 million and RMB 60 million, with a price limit of RMB 20.01 per share.
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