FOSUN PHARMA (02196.HK): Repurchases 217,000 H shares for approximately HKD 3.587 million

NewTimeSpace News: On 27 August 2026, FOSUN PHARMA (02196.HK) announced that, pursuant to the general mandate granted at the annual general meeting and other meetings, it repurchased 217,000 H shares in the open market on the same day, at an average price of HKD 16.53 per share and a total amount of approximately HKD 3.587 million, with the highest and lowest prices at HKD 16.59 and HKD 16.45 respectively; the repurchased shares will be held as treasury shares with use including but not limited to cancellation.

NewTimeSpace News: On 27 August 2026, Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (stock code: 02196) voluntarily announced that, to safeguard the value of the Company, it repurchased an aggregate of 217,000 H shares in the open market on 27 August 2026 pursuant to the general mandate granted to the Board by shareholders at the annual general meeting, the H-share class meeting and the A-share class meeting held on 16 June 2026.

According to the announcement, the average repurchase price on that day was HKD 16.53 per share, with a total amount of approximately HKD 3.587 million, and the highest and lowest repurchase prices were HKD 16.59 and HKD 16.45 per share respectively. The repurchased H shares will be held by the Company as treasury shares, and their use will be determined based on factors including the H-share repurchase mandate and market conditions, including but not limited to cancellation.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.