Ctrip Group: Authorized to repurchase shares with a total value of not more than $5 billion
2025-08-27 23:39:45
On August 28th, Ctrip Group-S (09961.HK) announced in the Hong Kong Stock Exchange on the morning of August 28th that the board of directors of the company approved a new share repurchase program in August 2025. Pursuant to this, the company is authorized to repurchase issued ordinary shares and/or American depositary receipts with a total value of not more than US $5 billion. Share repurchases are subject to market conditions and applicable laws and regulations, and the repurchase authorization granted or to be granted to the board of directors in accordance with the resolution passed by the company's annual general meeting (if applicable), by means of open market purchases at current market prices, privately negotiated transactions, block trades and/or other legal permissions from time to time.
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