Geely Auto Plans to Implement Up to HK$2.3 Billion Share Buyback Program

Telah Terbit: Oct 9, 2025 11:42
[SMM Aluminum Express] It is reported that on October 6, Geely Automobile Holdings Limited announced its plan to implement a share buyback program with a maximum amount of HK$2.3 billion. Upon approval by the Hong Kong Stock Exchange, the buyback will be carried out in batches through an automated mechanism in the open market. Upon completion of the buyback, the relevant shares will be canceled, and the company will not issue new shares within 30 days after the buyback is completed. It is reported that the funds for this buyback will come from Geely Auto's existing capital and cash reserves.

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