GF Securities Co., Ltd. (SZSE:000776) announces a share repurchase program. Under the program, the company will repurchase up to 15,242,175 shares for CNY 406 million. The shares will be repurchased at a price of not more than CNY 26.65 per share.

The repurchased shares will be used for equity incentives plan. The program is valid for 12 months.