GigaDevice: Cumulative Share Repurchases Reach 2.7178 Million Shares, Totaling 1.035 Billion Yuan

36Kr reports that GigaDevice announced that, as of now, the company has cumulatively repurchased 2.7178 million shares via concentrated bidding transactions, representing 0.39% of its total share capital. The highest repurchase price was 411.95 yuan per share, the lowest was 308.99 yuan per share, with an average price of 380.71 yuan per share. The total amount paid reached 1.035 billion yuan (excluding transaction fees). According to the repurchase plan, the company intends to use between 1 billion and 2 billion yuan in self-raised funds for the share repurchase, with a maximum price not exceeding 750 yuan per share. All repurchased shares will be used for cancellation to reduce registered capital.