Multiple Companies Announce Buybacks or Share Increases; Eoptolink Plans Buyback of Up to 1 Billion Yuan

Another batch of A-share companies has moved to buy back or increase holdings of their shares. On the evening of October 15, Eoptolink's actual controller and chairman, Gao Guangrong, proposed that the company carry out a buyback of 800 million to 1 billion yuan. That day, Eoptolink fell more than 7%, erasing its gains since the start of the year. On the evening of the 15th, multiple listed companies also proposed share-increase or buyback plans. On the buyback front, as of publication, chairmen of listed companies including Carelink and Changxin Bochuang have proposed repurchasing company shares. Sanhuan Group, Qiaqia Food, Shandong Hi-Speed, Deye Co., Obzels and others all announced that they carried out the first buyback under their repurchase plans on October 15, with Sanhuan Group having only disclosed its buyback plan late on the 14th. (Securities Times)