HitGen Inc. (SHSE:688222) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its Class A shares. The shares will be repurchased at a price no more than CNY 21.78 per share. The repurchased shares will be used for employee stock ownership plans or equity incentives. The repurchases will be funded by company's own funds. The program will be valid for 6 months from the date of approval by board of directors.
On July 12, 2022, the company announced that it has adjusted its repurchase price to CNY 21.738 per share.