Shanghai Exchange Sees 29 New Buyback and Share Increase Plans in Three Days, With Total Amount Capped at 4.5 Billion Yuan

Over the past three days (October 26 to October 28), 29 new share buyback and increase plans were announced on the Shanghai Stock Exchange, with a maximum planned buyback and increase amount of nearly 4.5 billion yuan. Since October, listed companies on the Shanghai exchange have issued 315 progress announcements on buybacks and share increases, with cumulative implemented amounts exceeding 35 billion yuan. In this round of buybacks and share increases, technology companies have been the main force. (Securities Times)