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Overseas Chinese Town did not take measures to repurchase shares in August and has repurchased 144 million shares in total

Date:2020-09-02

The above data is no different from the data disclosed by OCT in early July, that is, OCT did not take repurchase measures in July and August.

On September 1, Shenzhen Overseas Chinese Town Co., Ltd. issued an announcement to disclose its progress in repurchasing the company’s shares. In August, it did not take any repurchase measures.

The announcement pointed out that as of August 31, 2020, OCT had repurchased 143,699,358 shares through a centralized bidding method through a dedicated securities account repurchase, accounting for 1.75% of the company’s total share capital as of August 31, 2020. The highest transaction price was 6.50 RMB/share, the lowest transaction price is 5.84 RMB/share, the total amount paid is 899,965,721.06 RMB (excluding transaction costs)

According to previous reports by the new media of View Real Estate, the above data is no different from the data disclosed by OCT in early July, that is, OCT did not take repurchase measures in July and August.

It is understood that on March 25 this year, OCT conducted its first repurchase. The number of repurchased shares was 3,234,100 shares, accounting for 0.03943% of the company’s total share capital as of March 25, 2020. The highest transaction price was RMB 6.50 per share. The lowest transaction price was RMB 6.47 per share, and the total amount paid was RMB 20,975,800.

Thereafter, on May 11, OCT issued an announcement stating that as of that day, the company had repurchased a total of 82.02 million shares, accounting for 1% of the company’s total share capital as of May 11, 2020. The highest transaction price was RMB 6.50 per share. The lowest transaction price was 6.31 yuan per share, and the total amount paid was about 526 million yuan.